LBM - Advanced Strategies

General Operation

This indicator combines 5 configurable moving averages with up to 5 customizable trading strategies. The moving averages are plotted on the chart and the strategies generate buy and sell signals based on user-defined conditions.

Buy Strategy Configuration (and Automatic Inverse Sell)

For each strategy (1 to 5), you can configure:

• Enable/Disable: Activates or deactivates the strategy
  
• Source A: Selects the first element for comparison (can be one of the MAs, High, Low, Close or Open)
  
• Operator: Chooses the comparison condition (>; >=; =; <=; <; Crossover; Crossunder)
  
• Source B: Selects the second element for comparison
  
• Connector: Defines how the strategy connects with previous ones (AND, OR, etc.)
  

Important about sells: Sell conditions are automatically the opposite of buy conditions. For example:

• If buy is triggered when MA1 > MA2, sell will be when MA1 < MA2
  
• If buy uses a "Crossover", sell will use a "Crossunder" (and vice versa)
  

Practical Example

If you configure:

• Strategy 1: Source A = Close, Operator = ">", Source B = MA1
  
• This means:
  
• BUY signal when closing price is ABOVE MA1
  
• SELL signal when closing price is BELOW MA1 (automatic opposite)
  

Visualization

• Green downward triangles indicate buy signals
  
• Red upward triangles indicate sell signals
  
• Moving averages are plotted with different colors for easy identification
  

The indicator allows combining multiple strategies with complex conditional logic (AND/OR) to create customized trading systems.