This simple yet useful script calculates the percentage of times a moving average crossover successfully predicts price movement.
Win Conditions:
1] A Golden Cross (fast MA crossing above slow MA) where the price moves up afterward. 2] A Death Cross (fast MA crossing below slow MA) where the price moves down afterward.
In this script, I have used a Simple Moving Average (SMA) for illustration.
You can modify the code to apply any type of moving average and test its accuracy.