Basic Indicator

2MOON Basic indicator: https://www.tradingview.com/script/GCVeuwVI-Basic-Indicator-v1-0-2MOON-AI/

How to find 2MOON Basic Indicator

Read how to connect your TradingView account here (for 2MOON Backtester)

If your TradingView username is already connected to 2MOON/ 2MOON has already granted you access to the indicator: read the instruction bellow:

Click Indicators on the top panel

2. Click Invite only, then find Basic Indicator by 2MOON

Configure 2MOON Basic Indicator

Click icon

Basic Indicator v1.0 overview

Indicator Name: Basic Indicator v1.0 [2Moon]

Link: https://www.tradingview.com/script/GCVeuwVI-Basic-Indicator-v1-0-2MOON-AI/

Fields	Description	Available Options
Entry Indicator	Trading indicator used to trigger buy or sell alerts	Commodity Channel Index (CCI) Ichimoku Cloud Moving Average Convergence Divergence (MACD) Money Flow Index (MFI) Momentum Moving Average SMA or EMA Moving average Cross Parabolic SAR Relative Strength Index (RSI) Stochastic (Stoch) Squeeze Momentum
Exit Indicator	Trading indicator used to trigger close long or close short alerts	Commodity Channel Index (CCI) Ichimoku Cloud Moving Average Convergence Divergence (MACD) Money Flow Index (MFI) Momentum Moving Average SMA or EMA Moving average Cross Parabolic SAR Relative Strength Index (RSI) Stochastic (Stoch) Squeeze Momentum
Length	Standard period used for indicator calculation.	This is set to 14 by default which means that it looks at the last 14 periods (whether days, weeks, etc.) of price data
Last Bars Back	How many bars will be used by the script for calculation.	Set to 1000 by default.
Color	Sets the colors of the alerts	Bull: Green Bear: Red

Entry and Exit indicator description

Indicator Name	Description	Buy and Sell Logic
Commodity Channel Index (CCI)	A technical analysis indicator used to evaluate and identify cyclical trends in a security's price, particularly in the commodities market. It helps traders determine overbought or oversold conditions in the market.	Long Condition: CCI crossing above -100. Short Condition: CCI crossing below 100.
Ichimoku Cloud	A comprehensive technical analysis tool that provides insights into support and resistance levels, momentum, and trend direction. It consists of multiple lines that help traders identify potential trend reversals and trading opportunities.	Long Condition: Conversion Line (Tenkan-Sen) crossing above the Base Line (Kijun-Sen), and the price is above the Cloud. Short Condition: Conversion Line crossing below the Base Line, and the price is below the Cloud.
Moving Average Convergence Divergence (MACD)	A popular trend-following momentum indicator that shows the relationship between two moving averages of a security's price. It is used to identify potential buy and sell signals and determine the overall trend direction.	Long Condition: MACD line crossing above the signal line. Short Condition: MACD line crossing below the signal line.
Money Flow Index (MFI)	A momentum indicator that measures the inflow and outflow of money into a security over a specific period. It is used to identify overbought or oversold conditions in the market and to confirm the strength of a trend.	Long Condition: MFI crossing above 50 Short Condition: MFI crossing below 50
Momentum	A general term in technical analysis that refers to the rate of acceleration of a security's price movement. Momentum indicators help traders determine the strength or weakness of a trend and identify potential reversal points.	Long Condition: Momentum indicator crossing above 0. Short Condition: Momentum indicator crossing below 0.
Simple Moving Average (SMA)	A widely used technical analysis tool that helps smooth out price data by creating a constantly updated average price. It is used to identify trends and potential support and resistance levels in a security's price movement.	Long Condition: Price crossing above the Simple Moving Average (SMA). Short Condition: Price crossing below the Simple Moving Average (SMA).
Exponential moving average (EMA)	A widely used technical analysis tool that helps smooth out price data by creating a constantly updated average price. It is used to identify trends and potential support and resistance levels in a security's price movement.	Long Condition: Price crossing above the Exponential Moving Average (EMA). Short Condition: Price crossing below the Exponential Moving Average (EMA).
Moving average Cross	A trading strategy that involves the intersection of two moving averages. It is used to identify potential buy or sell signals and to confirm trend reversals.	Long Condition: Short-term moving average crossing above the long-term moving average. Short Condition: Short-term moving average crossing below the long-term moving average.
Parabolic SAR	A trend-following indicator that helps traders determine potential entry and exit points. It is used to set trailing stop-loss orders and to identify potential trend reversals in a security's price movement.	Long Condition: Parabolic SAR below the price. Short Condition: Parabolic SAR above the price.
Relative Strength Index (RSI)	A momentum oscillator that measures the speed and change of price movements. It is used to identify overbought or oversold conditions in the market and to assess the strength of a security's price movements.	Long Condition: RSI crossing above 30. Short Condition: RSI crossing below 70.
Stochastic (Stoch)	A momentum indicator that shows the location of a security's closing price relative to its price range over a specific period. It is used to identify overbought or oversold conditions and potential trend reversals.	Long Condition: %K crossing above %D. Short Condition: %K crossing below %D.
Squeeze Momentum	A general term in technical analysis that refers to the rate of acceleration of a security's price movement. Momentum indicators help traders determine the strength or weakness of a trend and identify potential reversal points.	Long Condition: Momentum indicator crossing above 0. Short Condition: Momentum indicator crossing below 0.