Crossing the Smoothed Moving Averages with settings 5 & 13 give you confident signal for selling or buying.
IMPORTANT: Signal is always late.
SELL: Short SMMA (5) cross the Long SMMA (13) from top BUY: Short SMMA (5) cross the Long SMMA (13) from down
Versionshinweise:
Small changes:
The SELL signal is red
The BUY signal is green
Versionshinweise:
Added visual text on the chart
Versionshinweise:
Now you can switch On/Off the text on the chart
Versionshinweise: Fixed: The name of the script was incorrect on the chart.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.
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