MA Crossover Strategy This script implements a Simple Moving Average (SMA) crossover strategy, a widely used technique in trend-following trading systems. It helps traders identify potential buy and sell opportunities based on the relationship between two moving averages:
A fast-moving average (default: 9-period SMA) A slow-moving average (default: 21-period SMA) How It Works Buy Signal (Long Entry): A long position is opened when the fast-moving average crosses above the slow-moving average. This suggests an uptrend is forming. Exit Signal: The position is closed when the fast-moving average crosses below the slow-moving average, indicating a possible trend reversal. Why This Script is Useful Simple Yet Effective: Moving average crossovers are a core concept in technical analysis, providing a structured approach to identifying trends. Customizable: Traders can modify the fast and slow MA lengths to suit different market conditions. Visualization: The script plots the fast MA in blue and the slow MA in red, making crossovers easy to spot. Automated Execution: It can be used as a strategy to backtest performance or automate trades in TradingView. This script is ideal for traders looking for a straightforward trend-following strategy, whether they trade stocks, forex, or crypto.