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50 days averaging method pinescript

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joelroyal

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strategy(“50-day Moving Average Strategy”)



lookback = 50



ma = sma(close, lookback)



long_entry = crossover(close, ma)

short_entry = crossunder(close, ma)



long_exit = crossunder(close, ma)

short_exit = crossover(close, ma)



If long_entry

strategy.entry(“long”, strategy.long)



If long_exit

strategy.exit(“Long Exit”)



If short_entry

strategy.entry(“Short”, strategy.short)



If long_exit

strategy.exit(“Short Exit”)
 

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