OPEN-SOURCE SCRIPT

Moving Average Consecutive Up/Down Strategy (by ChartArt)

This simple strategy goes long (or short) if there are several consecutive increasing (or decreasing) moving average values in a row in the same direction. The bars can be colored using the raw moving average trend. And the background can be colored using the consecutive moving average trend setting. In addition a experimental line of the moving average change can be drawn.

The strategy is based upon the "Consecutive Up/Down Strategy" which was created by Tradingview.

All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
consecutiveMoving Averages

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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