OPEN-SOURCE SCRIPT
SMA STRATEGY

It is a simple strategy to show a possible combination of a simple moving average and Fast-SMA published earlier.
It goes long only when the price is over sma 50 and FSMA and closes the trade when it crosses down FSMA. The same logic is for the shorting.
At this time this strategy does not take in count slow crossing and fuss that needs additional confirmation. I described such cases in Fast SMA script.
The strategy does not repaint. Bars color when a candle closes.
It goes long only when the price is over sma 50 and FSMA and closes the trade when it crosses down FSMA. The same logic is for the shorting.
At this time this strategy does not take in count slow crossing and fuss that needs additional confirmation. I described such cases in Fast SMA script.
The strategy does not repaint. Bars color when a candle closes.
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.