OPEN-SOURCE SCRIPT
AM_ZLWMA Crossover_x
Dear All,
Please find updated version of Zero lag WMA crossover. In addition to this added 20/50 EMA to get better results.
Settings:
ZLWMA = 8 identified by Blue line
Fast WMA = 21 identified by Red line
EMA Period 20/50
How to Trade:
Buy: Wait for positive crossover (Blue cross above Red) to happen trade can be taken there but to get better results post crossover once price move above EMA 20 then buy can be initiated.
Sell: Wait for negative crossover (Blue cross below Red) to happen trade can be taken there but to get better results post crossover once price move below EMA 20 then sell can be initiated.
Reason to wait for confirmation of price action above / Below moving average is most of the time it happens that even after crossover happens sometimes it was just a pull back and from there it could be a possibility for reversal. Once price action confirms moving above / below EMA20 then trade will be initiated.
Please comment and ask for any doubt
Please find updated version of Zero lag WMA crossover. In addition to this added 20/50 EMA to get better results.
Settings:
ZLWMA = 8 identified by Blue line
Fast WMA = 21 identified by Red line
EMA Period 20/50
How to Trade:
Buy: Wait for positive crossover (Blue cross above Red) to happen trade can be taken there but to get better results post crossover once price move above EMA 20 then buy can be initiated.
Sell: Wait for negative crossover (Blue cross below Red) to happen trade can be taken there but to get better results post crossover once price move below EMA 20 then sell can be initiated.
Reason to wait for confirmation of price action above / Below moving average is most of the time it happens that even after crossover happens sometimes it was just a pull back and from there it could be a possibility for reversal. Once price action confirms moving above / below EMA20 then trade will be initiated.
Please comment and ask for any doubt
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。