159# Multi Moving Averages Trend Strategy
TradingView custom strategy
Trend Following Strategy
Submit By Dimitri author Trade Automatation source (https://www.tradingview.com/script/tzykpyCd-Multi-MA-Trend-Following-Strategy-Template/)
Multi Moving Averages Trend Strategy is a custom TradingView strategy based on many trend indicators that can be selected as a basis, in default you have JMA but you have 20 trend indicators available to be included as a basis such as dema, linear regression, HMA, Supertrend so based on the instrument you can set the trend following base which interprets the historical series in the best possible way.
Setup Strategy
Time Frame 5 minutes or higher.
Currency pairs: volatile pairs.
200 SMA, close.
How it works:
This template will plot any of the 20+ trends that you can select in the settings. The strategy component will buy if
the trend line is moving up, and will sell if it moves down. If the line is
green that indicates that the trend is higher than the prior bar. If the line is red that indicates that the trend is lower than the prior bar. This script is different from many moving average
scripts in that it follows the trend itself and doesn't look for a cross of multiple trends.
How to use it:
When wanting to trend follow an instrument, you can use this template to help identify what approach you might want to take
and/or which indicator you might want to use. You can also modify the strategy as you see fit and make use of the 20+ incorporated indicators. Incorporate your trade and risk management strategy,
or use it as an indicator.
This indicator is a TradingView strategy and releases the performance report to us.
Strategy with 200 SMA rules
Trades only in the direction of the trend.
Buy
Price above 200 SMA
Multi Moving Averages Trend buy arrow.
Sell
Price below 200 SMA
Multi Moving Averages Trend sell arrow.
In conclusion JMaA is the best solution for low time frames and Supertrends of 30 minutes or higher.
In the pictures examples of trades.
