OPEN-SOURCE SCRIPT

SMA 20/50/200 Strategy with TP/SL

105
Here is a TradingView Pine Script indicator for the 20/50/200 SMA strategy. It generates Buy/Sell Signals and calculates Take Profit and Stop Loss prices for each signal.

Features:

Triggers only on the cross over/cross under bar (not continuous).

Buy: 20 SMA crosses above 50 SMA and is above 200 SMA.

Sell: 20 SMA crosses below 50 SMA and is below 200 SMA.

Plots take profit and stop loss.

Alerts repeat every cross over/cross under occurrence.

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