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3 Moving Averages Crossover (High, Low, Close)
Moving Averages:
We calculate the 60-period simple moving averages (SMA) for the high, low, and close prices.
These moving averages are plotted on the chart:
Red for the high price.
Blue for the low price.
Green for the close price.
Trading Logic:
A long position is entered when the moving average of the close price crosses above both the high and low moving averages.
A short position is entered when the moving average of the close price crosses below both the high and low moving averages.
We calculate the 60-period simple moving averages (SMA) for the high, low, and close prices.
These moving averages are plotted on the chart:
Red for the high price.
Blue for the low price.
Green for the close price.
Trading Logic:
A long position is entered when the moving average of the close price crosses above both the high and low moving averages.
A short position is entered when the moving average of the close price crosses below both the high and low moving averages.
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