OPEN-SOURCE SCRIPT
Golden Cross & Death Cross
The Golden Cross & Death Cross Indicator is a powerful tool for identifying key trend reversals in the market. It detects when a 50-period Simple Moving Average (SMA) crosses a 200-period SMA, signaling potential bullish or bearish momentum shifts. This version is optimized for a clean and professional TradingView experience, ensuring minimal distractions while maintaining high visibility.
Key Features:
✅ Optimized SMA Settings – Uses the widely recognized 50-SMA (short-term) and 200-SMA (long-term) for reliable trend analysis.
✅ Minimalist Design – Displays only the "GC" (Golden Cross) and "DC" (Death Cross) text markers without background boxes, keeping the chart clean.
✅ Color-Coded Signals – Green for Golden Cross (bullish trend) and Red for Death Cross (bearish trend) for easy identification.
✅ Customizable & Lightweight – Designed for efficiency, with adjustable moving average periods to fit different trading strategies.
How It Works:
Golden Cross (Bullish Signal) 🟢: The 50-SMA crosses above the 200-SMA, indicating a potential uptrend.
Death Cross (Bearish Signal) 🔴: The 50-SMA crosses below the 200-SMA, suggesting a possible downtrend.
Signals are placed directly on the chart as small text labels without clutter, enhancing readability.
Best Use Cases:
📈 Swing Trading – Identifies long-term trend shifts for strategic trade entries.
📉 Position Trading – Confirms larger market movements for investors.
⏳ Trend Confirmation – Helps filter out false signals when combined with other indicators like RSI or MACD.
Key Features:
✅ Optimized SMA Settings – Uses the widely recognized 50-SMA (short-term) and 200-SMA (long-term) for reliable trend analysis.
✅ Minimalist Design – Displays only the "GC" (Golden Cross) and "DC" (Death Cross) text markers without background boxes, keeping the chart clean.
✅ Color-Coded Signals – Green for Golden Cross (bullish trend) and Red for Death Cross (bearish trend) for easy identification.
✅ Customizable & Lightweight – Designed for efficiency, with adjustable moving average periods to fit different trading strategies.
How It Works:
Golden Cross (Bullish Signal) 🟢: The 50-SMA crosses above the 200-SMA, indicating a potential uptrend.
Death Cross (Bearish Signal) 🔴: The 50-SMA crosses below the 200-SMA, suggesting a possible downtrend.
Signals are placed directly on the chart as small text labels without clutter, enhancing readability.
Best Use Cases:
📈 Swing Trading – Identifies long-term trend shifts for strategic trade entries.
📉 Position Trading – Confirms larger market movements for investors.
⏳ Trend Confirmation – Helps filter out false signals when combined with other indicators like RSI or MACD.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.