OPEN-SOURCE SCRIPT
ALMA Crossover [FXPDM]
I created this new version of EMA crossing by replacing it with ALMA, Please take into consideration that the cross signal may occur during the candle. I advise waiting until the candle is close.
I used EMA crossing signals to adapt this code and turn it into an ( Arnaud Legoux Moving Average) ALMA Cross.
I expect it to bring a better signal that an EMA cross, let me know your comments and use under your own risk. this is just an experimental idea.
Long: Get into a long trade when the short moving average crosses up the long moving average.
Short: Get into a short trade when the short moving average crosses down the long moving average.
I recommend using it alongside a volume indicator to avoid sideways trends.
Exit at your own convenience or when the trend direction changes. I recommend using it in 4H and 1D charts.
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.
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