OPEN-SOURCE SCRIPT

J&C Indicator 20/40 MA

116
4H SMA Signal Map (20/40) Strategy
Timeframe: 4-Hour
Overview:
This is a momentum-based trend confirmation system using dual moving averages. The strategy identifies potential entry points when price action aligns with moving average positioning.
LONG Signal:
Triggers when the market demonstrates bullish momentum with price confirming an upside breakout while both moving averages are in a favorable uptrend alignment.
SHORT Signal:
Triggers when the market demonstrates bearish momentum with price confirming a downside breakdown while both moving averages are in a favorable downtrend alignment.
Key Features:

Uses a 20-period and 40-period simple moving average on the 4-hour timeframe
Filters out false signals by requiring multi-factor confirmation
Generates clear visual alerts with background highlighting
Real-time dashboard showing current MA values and trend direction
Sound/notification alerts for immediate signal awareness

Best Used For:
Swing trading on higher timeframes with proper risk management and support from additional confluence factors on your trading setup.

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.