OPEN-SOURCE SCRIPT
Triple Moving Average Crossover

Below is the Pine Script code for TradingView that creates an indicator with three user-defined moving averages (with default periods of 10, 50, and 100) and labels for buy and sell signals at key crossovers. Additionally, it creates a label if the price increases by 100 points from the buy entry or decreases by 100 points from the sell entry, with the label saying "+100".
Explanation:
Indicator Definition: indicator("Triple Moving Average Crossover", overlay=true) defines the script as an indicator that overlays on the chart.
User Inputs: input.int functions allow users to define the periods for the short, middle, and long moving averages with defaults of 10, 50, and 100, respectively.
Moving Averages Calculation: The ta.sma function calculates the simple moving averages for the specified periods.
Plotting Moving Averages: plot functions plot the short, middle, and long moving averages on the chart with blue, orange, and red colors.
Crossover Detection: ta.crossover and ta.crossunder functions detect when the short moving average crosses above or below the middle moving average and when the middle moving average crosses above or below the long moving average.
Entry Price Tracking: Variables buyEntryPrice and sellEntryPrice store the buy and sell entry prices. These prices are updated whenever a bullish or bearish crossover occurs.
100 Points Move Detection: buyTargetReached checks if the current price has increased by 100 points from the buy entry price. sellTargetReached checks if the current price has decreased by 100 points from the sell entry price.
Plotting Labels: plotshape functions plot the buy and sell labels at the crossovers and the +100 labels when the target moves are reached. The labels are displayed in white and green colors.
Explanation:
Indicator Definition: indicator("Triple Moving Average Crossover", overlay=true) defines the script as an indicator that overlays on the chart.
User Inputs: input.int functions allow users to define the periods for the short, middle, and long moving averages with defaults of 10, 50, and 100, respectively.
Moving Averages Calculation: The ta.sma function calculates the simple moving averages for the specified periods.
Plotting Moving Averages: plot functions plot the short, middle, and long moving averages on the chart with blue, orange, and red colors.
Crossover Detection: ta.crossover and ta.crossunder functions detect when the short moving average crosses above or below the middle moving average and when the middle moving average crosses above or below the long moving average.
Entry Price Tracking: Variables buyEntryPrice and sellEntryPrice store the buy and sell entry prices. These prices are updated whenever a bullish or bearish crossover occurs.
100 Points Move Detection: buyTargetReached checks if the current price has increased by 100 points from the buy entry price. sellTargetReached checks if the current price has decreased by 100 points from the sell entry price.
Plotting Labels: plotshape functions plot the buy and sell labels at the crossovers and the +100 labels when the target moves are reached. The labels are displayed in white and green colors.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。