Strategy · Pine Script v4 · Own pane

Simple Moving Average Cross Strategy

by beppu

This strategy calculates two simple moving averages using periods 34 and 68 on the close price.

View on GitHub

GitHub stars15on the repository
Pine versionv4older, still runs
Lines of code17
Settings2inputs
LicenceNone stated
Last update3 years ago9 Jan 2023

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Simple Moving Average Cross Strategy detects bullish crossovers to enter long positions of 10 contracts and bearish crossovers to enter short positions of 10 contracts after the 100th bar. Opposite crossovers close the current position. The equity curve is plotted in a separate pane. Main inputs change the SMA periods. Signals appear on the price chart. It has no stop loss.

Details

Published by

beppu on GitHub

Type

Strategy, Pine Script v4

Draws

Separate pane below the chart

Category

Moving averages, Trend

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • The strategy enters trades without a stop loss

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
SMA 1int34sma_1_period
SMA 2int68sma_2_period
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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