Saturday, July 20, 2024

Tradingview.com | Golden Cross, SMA 200 Moving Average Strategy (by ChartArt)

Here is the article. 

This famous moving average strategy is very easy to follow to decide when to buy (go long) and when to take profit.

The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the slower SMA 200. Orders are closed when the SMA 50 crosses below the SMA 200. This simple strategy does not have any other stop loss or take profit money management logic. The strategy does not short and goes long only!


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