Arch1tect's New Toy

GoldOANDA

Description

⋅ 20 oct. 2021 20:08

Description:
Arch1tect's New Toy tries to predict market trends by simply utilising 2 moving averages crossovers.

How it works:

Buy signals are triggered when the faster MA crosses over the slower MA from the downside to the upside.
Sell signals are triggered when the faster MA crosses under the slower MA from the upside to the downside.

How to use:

Take buys when buy signal is triggered AND close existing sell position
Take sells when sell signal is triggered AND close existing buy position

Note:

Settings are optimised for XAUUSD on the M1 chart.

Extra:

Alerts are included.
You can toggle between EMA , WMA and SMA to your liking.
Strategy Tester version:tradingview.com/script/ir37rK7n-Arch1tect-s-New-Toy-Strategy-Tester-Version/

Notes de version

⋅ 25 oct. 2021 07:29

Added plot line display for 2nd MA

Notes de version

⋅ 21 août 2023 12:31

you can now choose different MA types for both MAs

Commentaires

IndicatorsOnly

⋅ 21 août 2023 12:40

Heh

jtl310

⋅ 13 déc. 2021 17:48

thanks for sharing this script! found it interesting and useful as another tool to add and compare. do you find this more accurate on the 1 minute or the 30 second charts?

Tutorial05

⋅ 14 déc. 2021 02:59

@jtl310, i dont have access to 30s charts but MA crossover trading feels like a rollercoaster ride xD

jtl310

⋅ 14 déc. 2021 05:02

@sehweijun, lol. true. i experienced it today but it was a good lesson and your script helped. i didn't see but is there an option for an alert to sound when it crosses over? i found myself checking multiple charts to see when the MA's cross.

Tutorial05

⋅ 14 déc. 2021 08:30

@jtl310, yeah there are alerts included in the script, u just have to set them up in your TV alert menu

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