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EpicWasteland
11 kwi 2019 02:49

Death & Golden Cross Indicator 

AIR CANADATSX

Opis

This script will plot three EMAs and give alerts for death cross and golden cross buy & sell strategy.

The death cross signals a possible shift in trend sentiment from bullish to bearish. Golden Cross signals a shift in a bearish trend to a bullish trend.

Death Cross = 50 Day EMA crosses under 100 Day EMA
Double Death Cross = 50 Day EMA crosses under 200 Day EMA
Golden Cross = 50 Day EMA crosses over 200 Day EMA
Moving Average Cross = 50 Day EMA crosses over 100 Day EMA

Entry Points:
  • Entry on Golden Cross & VWMA
  • Entry on 50 EMA Cross 100 EMA


Exit Points:
  • Exit on Death Cross, Double Death Cross, 200 Day EMA crosses under VWMA


Early Entry and Exit Points:
  • Uses 50 Day VWMA crossing with 200 Day EMA


As always, trade at your own risk. Best to confirm entry and exits with other strategies and oscillators.
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