The Moving Average Crossover trading strategy is possibly the most popular trading strategy in the world of trading. First of them were written in the middle of XX century, when commodities trading strategies became popular. This strategy is a good example of so-called traditional strategies. Traditional strategies are always long or short. That means they are never out of the market. The concept of having a strategy that is always long or short may be scary, particularly in today’s market where you don’t know what is going to happen as far as risk on any one market. But a lot of traders believe that the concept is still valid, especially for those of traders who do their own research or their own discretionary trading. This version uses crossover of moving average and its exponential moving average.
Looks great - well done!
Now I want to use this to screen stocks that just did a crossover. How do I use this indicator script for screening in Tradingview?
Basically when EMA crosses MA to downside stock goes down and viceversa ? @HPotter
JimmyJambles
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Hey mate, nice indicator. Works great. Just wondering how to add this indicator manually in MT4? Do I set one Simple MA and one Exponential MA at both 10?
HPotter
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Hi, you should to use one sma 10 and then calculate Exponential MA 10 from sma 10, double smooting. And it will be same.
Now I want to use this to screen stocks that just did a crossover. How do I use this indicator script for screening in Tradingview?