PROTECTED SOURCE SCRIPT
Death & Golden Cross Indicator
This script will plot three EMAs and give alerts for death cross and golden cross buy & sell strategy.
The death cross signals a possible shift in trend sentiment from bullish to bearish. Golden Cross signals a shift in a bearish trend to a bullish trend.
Death Cross = 50 Day EMA crosses under 100 Day EMA
Double Death Cross = 50 Day EMA crosses under 200 Day EMA
Golden Cross = 50 Day EMA crosses over 200 Day EMA
Moving Average Cross = 50 Day EMA crosses over 100 Day EMA
Entry Points:
Exit Points:
Early Entry and Exit Points:
As always, trade at your own risk. Best to confirm entry and exits with other strategies and oscillators.
The death cross signals a possible shift in trend sentiment from bullish to bearish. Golden Cross signals a shift in a bearish trend to a bullish trend.
Death Cross = 50 Day EMA crosses under 100 Day EMA
Double Death Cross = 50 Day EMA crosses under 200 Day EMA
Golden Cross = 50 Day EMA crosses over 200 Day EMA
Moving Average Cross = 50 Day EMA crosses over 100 Day EMA
Entry Points:
- Entry on Golden Cross & VWMA
- Entry on 50 EMA Cross 100 EMA
Exit Points:
- Exit on Death Cross, Double Death Cross, 200 Day EMA crosses under VWMA
Early Entry and Exit Points:
- Uses 50 Day VWMA crossing with 200 Day EMA
As always, trade at your own risk. Best to confirm entry and exits with other strategies and oscillators.
Script protégé
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