OPEN-SOURCE SCRIPT

Moving Average Ribbon strategy [2H timeframe]

Moving average based strategy.

This strategy basically buys when close price of n previous + current candle is above ribbon and sells when below.
You can change the type of MA directly in the parameters.

Best use on 2H TF.
Moving AveragesribbonstrategyTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Disclaimer