EMA SHIFT & PARALLEL [n_dot]BINANCE:ETHUSDT.P
This strategy was developed for CRYPTO FUTURES, (the settings for ETHUSDT.P) . I aimed for the strategy to function in a live environment, so I focused on making its operation realistic:
When determining the position, only 80% (adjustable) of the available cash is invested to reduce the risk of position liquidation.
I account for a 0.05% commission, typical on the futures market, for each entry and exit.
Concept:
I modified a simple, well-known method: the crossover of two exponential moving averages (FAST, SLOW) generates the entry and exit signals.
I enhanced the base idea as follows:
For the fast EMA, I incorporated a multiplier (offset) to filter out market noise and focus only on strong signals.
I use different EMAs for long and short entry points; both have their own FAST and SLOW EMAs and their own offset. For longs, the FAST EMA is adjusted downward (<1), while for shorts, it is adjusted upward (>1). Consequently, the signal is generated when the modified FAST EMA crosses the SLOW EMA.
Risk Management:
The position includes the following components:
Separate stop-losses for long and short positions.
Separate trailers for long and short positions.
The strategy operates so that the entry point is determined by the EMA crossover, while the exit is governed only by the Stop Loss or Trailer. Optionally, it can be set to close the position at the EMA recrossing ("Close at Signal").
Trailer Operation:
An entry percentage and offset are defined. The trailer activates when the price surpasses the entry price, calculated automatically by the system.
The trailer closes the position when the price drops by the offset percentage from the highest reached price.
Example for trailer:
Purchase Price = 100
Trailer Enter = 5% → Activation Price = 105 (triggers trailer if market price crosses it).
Trailer Offset = 2%
If the price rises to 110, the exit price becomes 107.8.
If the price goes to 120, the exit price becomes 117.6.
If the price falls below 117.6, the trailer closes the position.
Settings:
Source: Determines the market price reference.
End Close: Closes positions at the end of the simulation to avoid "shadow positions" and provide an objective result.
Lot proportional to free cash (%): Only a portion of free cash is invested to meet margin requirements.
Plot Short, Plot Long: Simplifies displayed information by toggling indicator lines on/off.
Long Position (toggleable):
EMA Fast ws: Window size for FAST EMA.
EMA Slow ws: Window size for SLOW EMA.
EMA Fast down shift: Adjustment factor for FAST EMA.
Stop Loss long (%): Percent drop to close the position.
Trailer enter (%): Percent above the purchase price to activate the trailer.
Trailer offset (%): Percent drop to close the position.
Short Position (toggleable):
EMA Fast ws: Window size for FAST EMA.
EMA Slow ws: Window size for SLOW EMA.
EMA Fast up shift: Adjustment factor for FAST EMA.
Stop Loss short (%): Percent rise to close the position.
Trailer enter (%): Percent below the purchase price to activate the trailer.
Trailer offset (%): Percent rise to close the position.
Operational Framework:
If in a long position and a short EMA crossover occurs, the strategy closes the long and opens a short (flip).
If in a short position and a long EMA crossover occurs, the strategy closes the short and opens a long (flip).
A position can close in three ways:
Stop Loss
Trailer
Signal Recrossing
If none are active, the position remains open until the end of the simulation.
Observations:
Shifts significantly deviating from 1 increase overfitting risk. Recommended ranges: 0.96–0.99 (long) and 1.01–1.05 (short).
The strategy's advantage lies in risk management, crucial in leveraged futures markets. It operates with relatively low DrawDown.
Recommendations:
Bullish Market: Higher entry threshold (e.g., 6%) and larger offset (e.g., 3%).
Volatile/Sideways Market: Tighter parameters (e.g., 3%, 1%).
The method is stable, and minor parameter adjustments do not significantly impact results, helping assess overfitting: if small changes lead to drastic differences, the strategy is over-optimized.
EMA Settings: Adjust FAST and SLOW EMAs based on the asset's volatility and cyclicality.
On the crypto market, especially in the Futures market, short time periods (1–15 minutes) often show significant noise, making patterns/repetitions hard to identify. I recommend setting the interval to at least 1 hour.
I hope this contributes to your success!
Cari skrip untuk "ema"
EMA TrendThe purpose of this script is to identify price trends based on EMAs. The relative position of price to specific EMAs and the position of certain EMAs towards each other are used to determine the trend direction. The script is intended for investors as a tool to define a basis for further evaluation. I do not use the script as a signal generator and would not recommend doing so without the help of additional indicators.
How to work with the script
The major (or long term) trend direction is determined by the 144 EMA much in the same way as the 200 MA is used in other systems. If the price is above the 144 EMA we are in a long term uptrend, below we are in a long term downtrend. This is to be taken with a grain of salt though. The 144 EMA is considerably shorter than the 200 SMA and is more prone to the price fluctuating around it during periods without a strong long term trend. I recommend using this as a confirmation for the short term trend.
The short term trend is derived from the position and slope of the price, the 21 EMA and the 55 EMA. If the price is above the 21 EMA, the 21 above the 55 EMA, both EMAs are sloping upwards and the distance between the two is increasing, we are talking about an uptrend (and vice versa for a downtrend). This is visualized by the color of the fill between the 144 EMA and close price. Green for uptrend, red for downtrend and no color for an undetermined trend.
The EMAs used are: 21 , 34 , 55 , 89 , 144 , 233 . Most of the EMAs are at 50 transparency to appear less dominant. For orientation, the 144 EMA is bright green to indicate its general importance for the trend determination, and the 55 EMAs is not transparent mainly to be able to identify positioning when the EMAs are close together.
Base time frame EMA
The 144 EMA is plotted twice where one is fixed to the daily time frame (can be configured) to be able to have the 144 on different timeframes during analysis. I find this very useful to keep the focus on my main time frame while analyzing trend on lower or higher time frames. This can also be turned off.
Configurability
This script is less configurable than I generally like with my other scripts. The reason is that the title attribute of the plots is not dynamic, and I use the data window often to get exact values from the script to determine buy targets for pullbacks and other things. Hence, I prefer not to have random names (or no names) in there to save mental capacity. If this ever becomes available, I'll gladly add this to this script. Till then, I encourage you to take the script and adjust it to your own needs. It should be simple enough even if you are just starting out in pine.
EMA with time-interval dependant visiblity settingThis scrip exposes 4 Exponential Moving Average (EMA) indicators which their visibility can be set to a daily or weekly time-frame (aka intervals). Based on your current chart time-frame, the matching EMA indicators come on and off.
This helps to have meaningful EMAs relevant to your time internal.
In a traditional 10 EMA indicates a plotted indicator would bear a meaning of a 10 day EMA when in daily and 10 week EMA when in weekly chart which may or may not be useful as some who for example only require a 10 week EMA for thier analysis and wouldn't want to cloud a daily chart with an EMA which won't resemble a valuable output for this particular user.
With EMA+, you can choose to see the 10 week EMA only when your chart is in the weekly time interval, so when switched to a daily interval a 10x EMA is not shown anymore.
If you prefer to see a 10 week EMA and a 21 day EMA on the other hand, you will only have 1 EMA shown when in weekly mode which is a 10 week EMA and one EMA when in daily mode with is 21 day EMA.
GC Magic(EMA/RMA) V1This is the second script I am posting on TV . This is a Trend based indicator with the option of using it as Exponential Moving Averages or Rsi Moving Averages.The RMA's are giving better signal than the Exponential Moving Averages. The script has the option to select either of them. Works on all time frames. The default options are working good on all time frames.
With the help of Indicator Properties following Options can be changed
a. Type of moving averages for using Guppy method
b. Option to use higher time frame Signal moving average of your choice along with higher time frame
c. Enable or disable to show signal EMA/RMA on chart .
d. Enable or disable to show Guppy EMA/RMA on chart
Indicator Properties:
1. Select to use EMA , Uncheck to use RMA: --> Check to Select EMA based Guppy or Uncheck to use RMA based Guppy
2. Fast EMA/RMA For Cross --> Fast EMA/RMA cross Length
3. Slow EMA/RMA For Cross --> Slow EMA/RMA Length
4. Signal EMA/RMA --> Moving average to use for Signal filters. This moving average will be based on the timeframe u will be selecting below
5. Time interval for Signal EMA/RMA (W, D, ) --> Which time frame moving average you want for the above Signal EMA
6. Do you want to use Signal EMA/RMA for Signals? --> Do you want to use Signal EMA as filter or just the cross of Guppy . Check to use and uncheck for just cross
7. Show Signal EMA on Chart? --> Do you want to display higher timeframe Signal EMA on chart
8. Show Guppy-Slow-Red On Chart? --> Shows/Hides Slow EMA/RMAs
9. Show Guppy-Fast-Green On Chart? --> Shows/Hides Fast EMA/RMAs
Examples:
GbpAud 15m
GbpNzd 1hr
Oil 4hr
AudUSD 1hr
MFI + RSI + EMA Dynamic SignalsThe MFI + RSI + EMA Dynamic Signals is a designed to combine with widened criteria to capture more trading opportunities, it balances momentum, trend, and flexibility, making it suitable for trading on timeframes like 15-minute to 4-hour charts.
How It Works
The indicator uses three technical components with relaxed criteria to produce signals:
Money Flow Index (MFI) for Momentum Extremes:
The MFI, calculated over a 14-period length, measures buying and selling pressure using price and volume. A buy signal can trigger when MFI crosses above the oversold level (default: 30, widened from 20), indicating potential buying pressure, while a sell signal can occur when MFI crosses below the overbought level (default: 70, widened from 80), suggesting selling pressure.
Relative Strength Index (RSI) for Momentum Confirmation:
The RSI, calculated over a 14-period length, confirms momentum strength. Bullish momentum is confirmed when RSI is above a buy threshold (default: 45, relaxed from 50), and bearish momentum when below a sell threshold (default: 55, relaxed from 50), allowing more signals near neutral momentum levels.
Exponential Moving Average (EMA) for Trend Sensitivity:
The indicator uses a fast EMA (default: 9 periods) and a slow EMA (default: 21 periods) to detect trend direction and crossovers. Signals can trigger when the fast EMA crosses the slow EMA, or when the fast EMA is within a proximity threshold (default: 0.5%) of the slow EMA, capturing early trend changes and increasing signal frequency.
Signal Generation
Signals are generated using the previous bar’s values to prevent repainting, with widened criteria for more frequent triggers:
Buy Signal: Either the MFI crosses above the oversold level or the fast EMA crosses above the slow EMA, and either RSI confirms bullish momentum (above 45) or the EMAs are near a crossover (within 0.5%). Displayed as a green upward triangle below the bar.
Sell Signal: Either the MFI crosses below the overbought level or the fast EMA crosses below the slow EMA, and either RSI confirms bearish momentum (below 55) or the EMAs are near a crossover (within 0.5%). Displayed as a red downward triangle above the bar.
EMA Pullback Speed Strategy 📌 **Overview**
The **EMA Pullback Speed Strategy** is a trend-following approach that combines **price momentum** and **Exponential Moving Averages (EMA)**.
It aims to identify high-probability entry points during brief pullbacks within ongoing uptrends or downtrends.
The strategy evaluates **speed of price movement**, **relative position to dynamic EMA**, and **candlestick patterns** to determine ideal timing for entries.
One of the key concepts is checking whether the price has **“not pulled back too much”**, helping focus only on situations where the trend is likely to continue.
⚠️ This strategy is designed for educational and research purposes only. It does not guarantee future profits.
🧭 **Purpose**
This strategy addresses the common issue of **"jumping in too late during trends and taking unnecessary losses."**
By waiting for a healthy pullback and confirming signs of **trend resumption**, traders can enter with greater confidence and reduce false entries.
🎯 **Strategy Objectives**
* Enter in the direction of the prevailing trend to increase win rate
* Filter out false signals using pullback depth, speed, and candlestick confirmations
* Predefine Take-Profit (TP) and Stop-Loss (SL) levels for safer, rule-based trading
✨ **Key Features**
* **Dynamic EMA**: Reacts faster when price moves quickly, slower when market is calm – adapting to current momentum
* **Pullback Filter**: Avoids trades when price pulls back too far (e.g., more than 5%), indicating a trend may be weakening
* **Speed Check**: Measures how strongly the price returns to the trend using candlestick body speed (open-to-close range in ticks)
📊 **Trading Rules**
**■ Long Entry Conditions:**
* Current price is above the dynamic EMA (indicating uptrend)
* Price has pulled back toward the EMA (a "buy the dip" situation)
* Pullback depth is within the threshold (not excessive)
* Candlesticks show consecutive bullish closes and break the previous high
* Price speed is strong (positive movement with momentum)
**■ Short Entry Conditions:**
* Current price is below the dynamic EMA (indicating downtrend)
* Price has pulled back up toward the EMA (a "sell the rally" setup)
* Pullback is within range (not too deep)
* Candlesticks show consecutive bearish closes and break the previous low
* Price speed is negative (downward momentum confirmed)
**■ Exit Conditions (TP/SL):**
* **Take-Profit (TP):** Fixed 1.5% target above/below entry price
* **Stop-Loss (SL):** Based on recent price volatility, calculated using ATR × 4
💰 **Risk Management Parameters**
* Symbol & Timeframe: BTCUSD on 1-hour chart (H1)
* Test Capital: \$3000 (simulated account)
* Commission: 0.02%
* Slippage: 2 ticks (minimal execution lag)
* Max risk per trade: 5% of account balance
* Backtest Period: Aug 30, 2023 – May 9, 2025
* Profit Factor (PF): 1.965 (Net profit ÷ Net loss, including spreads & fees)
⚙️ **Trading Parameters & Indicator Settings**
* Maximum EMA Length: 50
* Accelerator Multiplier: 3.0
* Pullback Threshold: 5.0%
* ATR Period: 14
* ATR Multiplier (SL distance): 4.0
* Fixed TP: 1.5%
* Short-term EMA: 21
* Long-term EMA: 50
* Long Speed Threshold: ≥ 1000.0 (ticks)
* Short Speed Threshold: ≤ -1000.0 (ticks)
⚠️Adjustments are based on BTCUSD.
⚠️Forex and other currency pairs require separate adjustments.
🔧 **Strategy Improvements & Uniqueness**
Unlike basic moving average crossovers or RSI triggers, this strategy emphasizes **"momentum-supported pullbacks"**.
By combining dynamic EMA, speed checks, and candlestick signals, it captures trades **as if surfing the wave of a trend.**
Its built-in filters help **avoid overextended pullbacks**, which often signal the trend is ending – making it more robust than traditional trend-following systems.
✅ **Summary**
The **EMA Pullback Speed Strategy** is easy to understand, rule-based, and highly reproducible – ideal for both beginners and intermediate traders.
Because it shows **clear visual entry/exit points** on the chart, it’s also a great tool for practicing discretionary trading decisions.
⚠️ Past performance is not a guarantee of future results.
Always respect your Stop-Loss levels and manage your position size according to your risk tolerance.
Fibonacci Adaptive Timeframe EMA (FAT EMA)The "Fibonacci Adaptive Timeframe EMA" is a sophisticated trading indicator designed for the TradingView platform, leveraging the power of Exponential Moving Averages (EMAs) determined by Fibonacci sequence lengths to provide traders with dynamic market insights. This indicator overlays directly on the price chart, offering a unique blend of trend analysis, smoothing techniques, and timeframe adaptability, making it an invaluable tool for traders looking to enhance their technical analysis strategy.
Key Features
1. Fibonacci-Based EMA Lengths: Utilizes the Fibonacci sequence to select EMA lengths, incorporating natural mathematical ratios believed to be significant in financial markets. The available lengths range from 1 to 987, allowing for detailed trend analysis over various periods.
2. Multiple Smoothing Methods: Offers the choice between several smoothing techniques, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA or RMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA). This versatility ensures that users can tailor the indicator to suit their analytical preferences.
3. Timeframe Adaptability: Features the ability to fetch and calculate EMAs from different timeframes, providing a multi-timeframe analysis within a single chart view. This adaptability gives traders a broader perspective on market trends, enabling more informed decision-making.
4. Dynamic Visualization Options: Traders can customize the display to suit their analysis needs, including toggling the visibility of Fibonacci EMA lines, EMA prices, and smoothed EMA lines. Additionally, forecast lines can be projected into the future, offering speculative insights based on current trends.
5. Ema Tail Visualization: An innovative feature allowing for the visualization of the 'tail' or the continuation of EMA lines, which can be particularly useful for identifying trend persistence or reversal points.
6. User-friendly Customization: Through a series of input options, traders can easily adjust the source data, Fibonacci lengths, smoothing method, and visual aspects such as line colors and transparency, ensuring a seamless integration into any trading strategy.
Application and Use Cases
The "Fibonacci Adaptive Timeframe EMA" indicator is designed for traders who appreciate the significance of Fibonacci numbers in market analysis and seek a flexible tool to analyze trends across different timeframes. Whether it's for scalping, day trading, or long-term investing, this indicator can provide valuable insights into price dynamics, trend strengths, and potential reversal points. Its adaptability makes it suitable for various asset classes, including stocks, forex, commodities, and cryptocurrencies.
Long EMA Strategy with Advanced Exit OptionsThis strategy is designed for traders seeking a trend-following system with a focus on precision and adaptability.
**Core Strategy Concept**
The essence of this strategy lies in use of Exponential Moving Averages (EMAs) to identify potential long (buy) positions based on the relative positions of short-term, medium-term, and long-term EMAs. The use of EMAs is a classic yet powerful approach to trend detection, as these indicators smooth out price data over time, emphasizing the direction of recent price movements and potentially signaling the beginning of new trends.
**Customizable Parameters**
- **EMA Periods**: Users can define the periods for three EMAs - long-term, medium-term, and short-term - allowing for a tailored approach to capture trends based on individual trading styles and market conditions.
- **Volatility Filter**: An optional Average True Range (ATR)-based volatility filter can be toggled on or off. When activated, it ensures that trades are only entered when market volatility exceeds a user-defined threshold, aiming to filter out entries during low-volatility periods which are often characterized by indecisive market movements.
- **Trailing Stop Loss**: A trailing stop loss mechanism, expressed as a percentage of the highest price achieved since entry, provides a dynamic way to manage risk by allowing profits to run while cutting losses.
- **EMA Exit Condition**: This advanced exit option enables closing positions when the short-term EMA crosses below the medium-term EMA, serving as a signal that the immediate trend may be reversing.
- **Close Below EMA Exit**: An additional exit condition, which is disabled by default, allows positions to be closed if the price closes below a user-selected EMA. This provides an extra layer of flexibility and risk management, catering to traders who prefer to exit positions based on specific EMA thresholds.
**Operational Mechanics**
Upon activation, the strategy evaluates the current price in relation to the set EMAs. A long position is considered when the current price is above the long-term EMA, and the short-term EMA is above the medium-term EMA. This setup aims to identify moments where the price momentum is strong and likely to continue.
The strategy's versatility is further enhanced by its optional settings:
- The **Volatility Filter** adjusts the sensitivity of the strategy to market movements, potentially improving the quality of the entries during volatile market conditions.
The Average True Range (ATR) is a key component of this filter, providing a measure of market volatility by calculating the average range between the high and low prices over a specified number of periods. Here's how you can adjust the volatility filter settings for various market conditions, focusing on filtering out low-volatility markets:
Setting Examples for Volatility Filter
1. High Volatility Markets (e.g., Cryptocurrencies, Certain Forex Pairs):
ATR Periods: 14 (default)
ATR Multiplier: Setting the multiplier to a lower value, such as 1.0 or 1.2, can be beneficial in high-volatility markets. This sensitivity allows the strategy to react to volatility changes more quickly, ensuring that you're entering trades during periods of significant movement.
2. Medium Volatility Markets (e.g., Major Equity Indices, Medium-Volatility Forex Pairs):
ATR Periods: 14 (default)
ATR Multiplier: A multiplier of 1.5 (default) is often suitable for medium volatility markets. It provides a balanced approach, ensuring that the strategy filters out low-volatility conditions without being overly restrictive.
3. Low Volatility Markets (e.g., Some Commodities, Low-Volatility Forex Pairs):
ATR Periods: Increasing the ATR period to 20 or 25 can smooth out the volatility measure, making it less sensitive to short-term fluctuations. This adjustment helps in focusing on more significant trends in inherently stable markets.
ATR Multiplier: Raising the multiplier to 2.0 or even 2.5 increases the threshold for volatility, effectively filtering out low-volatility conditions. This setting ensures that the strategy only triggers trades during periods of relatively higher volatility, which are more likely to result in significant price movements.
How to Use the Volatility Filter for Low-Volatility Markets
For traders specifically interested in filtering out low-volatility markets, the key is to adjust the ATR Multiplier to a higher level. This adjustment increases the threshold required for the market to be considered sufficiently volatile for trade entries. Here's a step-by-step guide:
Adjust the ATR Multiplier: Increase the ATR Multiplier to create a higher volatility threshold. A multiplier of 2.0 to 2.5 is a good starting point for very low-volatility markets.
Fine-Tune the ATR Periods: Consider lengthening the ATR calculation period if you find that the strategy is still entering trades in undesirable low-volatility conditions. A longer period provides a more averaged-out measure of volatility, which might better suit your needs.
Monitor and Adjust: Volatility is not static, and market conditions can change. Regularly review the performance of your strategy in the context of current market volatility and adjust the settings as necessary.
Backtest in Different Conditions: Before applying the strategy live, backtest it across different market conditions with your adjusted settings. This process helps ensure that your approach to filtering low-volatility conditions aligns with your trading objectives and risk tolerance.
By fine-tuning the volatility filter settings according to the specific characteristics of the market you're trading in, you can enhance the performance of this strategy
- The **Trailing Stop Loss** and **EMA Exit Conditions** provide two layers of exit strategies, focusing on capital preservation and profit maximization.
**Visualizations**
For clarity and ease of use, the strategy plots the three EMAs and, if enabled, the ATR threshold on the chart. These visual cues not only aid in decision-making but also help in understanding the market's current trend and volatility state.
**How to Use**
Traders can customize the EMA periods to fit their trading horizon, be it short, medium, or long-term trading. The volatility filter and exit options allow for further customization, making the strategy adaptable to different market conditions and personal risk tolerance levels.
By offering a blend of trend-following principles with advanced risk management features, this strategy aims to cater to a wide range of trading styles, from cautious to aggressive. Its strength lies in its flexibility, allowing traders to fine-tune settings to their specific needs, making it a potentially valuable tool in the arsenal of any trader looking for a disciplined approach to navigating the markets.
DAILY Supertrend + EMA Crossover with RSI FilterThis strategy is a technical trading approach that combines multiple indicators—Supertrend, Exponential Moving Averages (EMAs), and the Relative Strength Index (RSI)—to identify and manage trades.
Core Components:
1. Exponential Moving Averages (EMAs):
Two EMAs, one with a shorter period (fast) and one with a longer period (slow), are calculated. The idea is to spot when the faster EMA crosses above or below the slower EMA. A fast EMA crossing above the slow EMA often suggests upward momentum, while crossing below suggests downward momentum.
2. Supertrend Indicator:
The Supertrend uses Average True Range (ATR) to establish dynamic support and resistance lines. These lines shift above or below price depending on the prevailing trend. When price is above the Supertrend line, the trend is considered bullish; when below, it’s considered bearish. This helps ensure that the strategy trades only in the direction of the overall trend rather than against it.
3. RSI Filter:
The RSI measures momentum. It helps avoid buying into markets that are already overbought or selling into markets that are oversold. For example, when going long (buying), the strategy only proceeds if the RSI is not too high, and when going short (selling), it only proceeds if the RSI is not too low. This filter is meant to improve the quality of the trades by reducing the chance of entering right before a reversal.
4. Time Filters:
The strategy only triggers entries during user-specified date and time ranges. This is useful if one wants to limit trading activity to certain trading sessions or periods with higher market liquidity.
5. Risk Management via ATR-based Stops and Targets:
Both stop loss and take profit levels are set as multiples of the ATR. ATR measures volatility, so when volatility is higher, both stops and profit targets adjust to give the trade more breathing room. Conversely, when volatility is low, stops and targets tighten. This dynamic approach helps maintain consistent risk management regardless of market conditions.
Overall Logic Flow:
- First, the market conditions are analyzed through EMAs, Supertrend, and RSI.
- When a buy (long) condition is met—meaning the fast EMA crosses above the slow EMA, the trend is bullish according to Supertrend, and RSI is below the specified “overbought” threshold—the strategy initiates or adds to a long position.
- Similarly, when a sell (short) condition is met—meaning the fast EMA crosses below the slow EMA, the trend is bearish, and RSI is above the specified “oversold” threshold—it initiates or adds to a short position.
- Each position is protected by an automatically calculated stop loss and a take profit level based on ATR multiples.
Intended Result:
By blending trend detection, momentum filtering, and volatility-adjusted risk management, the strategy aims to capture moves in the primary trend direction while avoiding entries at excessively stretched prices. Allowing multiple entries can potentially amplify gains in strong trends but also increases exposure, which traders should consider in their risk management approach.
In essence, this strategy tries to ride established trends as indicated by the Supertrend and EMAs, filter out poor-quality entries using RSI, and dynamically manage trade risk through ATR-based stops and targets.
Gauti Market Maker Killzone EMA1. Identifying the Trend
Use Daily (1D) and Hourly (1H) Exponential Moving Averages (EMAs) to define the overall trend:
Bullish Trend: Both 1D and 1H EMAs are upward sloping, and the price is above these EMAs.
Bearish Trend: Both 1D and 1H EMAs are downward sloping, and the price is below these EMAs.
2. Confirmation with Higher Timeframes
Bullish Conditions:
Check 1D and 4H charts for price action above the EMA bands.
Look for price forming higher highs and higher lows or respecting support at the EMA bands.
Bearish Conditions:
Check 1D and 4H charts for price action below the EMA bands.
Look for price forming lower highs and lower lows or respecting resistance at the EMA bands.
Note: Crossover of EMAs on higher timeframes is an optional extra confirmation, but not mandatory for entry.
3. Entry Strategy
Use the 15-Minute (15M) timeframe for entries.
Entries are taken only during Killzones:
Killzones: London Open, New York Open, or other intraday key trading sessions. (Define the time ranges for these zones based on your trading hours.)
Wait for the price to touch or pull back to the EMA band during the Killzones in the direction of the overall trend:
In a bullish trend, enter long when the price touches the EMA band and shows signs of rejection or reversal.
In a bearish trend, enter short when the price touches the EMA band and shows signs of rejection or reversal.
4. Checklist for Entry
Confirm the following before entering:
1D Trend aligns with the 1H Trend.
Price Action in 1D and 4H supports the trend.
Killzone session is active.
Price is reacting to the EMA band on the 15M chart in the trend direction.
DNSE VN301!, SMA & EMA Cross StrategyDiscover the tailored Pinescript to trade VN30F1M Future Contracts intraday, the strategy focuses on SMA & EMA crosses to identify potential entry/exit points. The script closes all positions by 14:25 to avoid holding any contracts overnight.
HNX:VN301!
www.tradingview.com
Setting & Backtest result:
1-minute chart, initial capital of VND 100 million, entering 4 contracts per time, backtest result from Jan-2024 to Nov-2024 yielded a return over 40%, executed over 1,000 trades (average of 4 trades/day), winning trades rate ~ 30% with a profit factor of 1.10.
The default setting of the script:
A decent optimization is reached when SMA and EMA periods are set to 60 and 15 respectively while the Long/Short stop-loss level is set to 20 ticks (2 points) from the entry price.
Entry & Exit conditions:
Long signals are generated when ema(15) crosses over sma(60) while Short signals happen when ema(15) crosses under sma(60). Long orders are closed when ema(15) crosses under sma(60) while Short orders are closed when ema(15) crosses over sma(60).
Exit conditions happen when (whichever came first):
Another Long/Short signal is generated
The Stop-loss level is reached
The Cut-off time is reached (14:25 every day)
*Disclaimers:
Futures Contracts Trading are subjected to a high degree of risk and price movements can fluctuate significantly. This script functions as a reference source and should be used after users have clearly understood how futures trading works, accessed their risk tolerance level, and are knowledgeable of the functioning logic behind the script.
Users are solely responsible for their investment decisions, and DNSE is not responsible for any potential losses from applying such a strategy to real-life trading activities. Past performance is not indicative/guarantee of future results, kindly reach out to us should you have specific questions about this script.
---------------------------------------------------------------------------------------
Khám phá Pinescript được thiết kế riêng để giao dịch Hợp đồng tương lai VN30F1M trong ngày, chiến lược tập trung vào các đường SMA & EMA cắt nhau để xác định các điểm vào/ra tiềm năng. Chiến lược sẽ đóng tất cả các vị thế trước 14:25 để tránh giữ bất kỳ hợp đồng nào qua đêm.
Thiết lập & Kết quả backtest:
Chart 1 phút, vốn ban đầu là 100 triệu đồng, vào 4 hợp đồng mỗi lần, kết quả backtest từ tháng 1/2024 tới tháng 11/2024 mang lại lợi nhuận trên 40%, thực hiện hơn 1.000 giao dịch (trung bình 4 giao dịch/ngày), tỷ lệ giao dịch thắng ~ 30% với hệ số lợi nhuận là 1,10.
Thiết lập mặc định của chiến lược:
Đạt được một mức tối ưu ổn khi SMA và EMA periods được đặt lần lượt là 60 và 15 trong khi mức cắt lỗ được đặt thành 20 tick (2 điểm) từ giá vào.
Điều kiện Mở và Đóng vị thế:
Tín hiệu Long được tạo ra khi ema(15) cắt trên sma(60) trong khi tín hiệu Short xảy ra khi ema(15) cắt dưới sma(60). Lệnh Long được đóng khi ema(15) cắt dưới sma(60) trong khi lệnh Short được đóng khi ema(15) cắt lên sma(60).
Điều kiện đóng vị thể xảy ra khi (tùy điều kiện nào đến trước):
Một tín hiệu Long/Short khác được tạo ra
Giá chạm mức cắt lỗ
Lệnh chưa đóng nhưng tới giờ cut-off (14:25 hàng ngày)
*Tuyên bố miễn trừ trách nhiệm:
Giao dịch hợp đồng tương lai có mức rủi ro cao và giá có thể dao động đáng kể. Chiến lược này hoạt động như một nguồn tham khảo và nên được sử dụng sau khi người dùng đã hiểu rõ cách thức giao dịch hợp đồng tương lai, đã đánh giá mức độ chấp nhận rủi ro của bản thân và hiểu rõ về logic vận hành của chiến lược này.
Người dùng hoàn toàn chịu trách nhiệm về các quyết định đầu tư của mình và DNSE không chịu trách nhiệm về bất kỳ khoản lỗ tiềm ẩn nào khi áp dụng chiến lược này vào các hoạt động giao dịch thực tế. Hiệu suất trong quá khứ không chỉ ra/cam kết kết quả trong tương lai, vui lòng liên hệ với chúng tôi nếu bạn có thắc mắc cụ thể về chiến lược giao dịch này.
Close Price - EMA Percentage Difference
Title: Close Price - EMA Percentage Difference Indicator
Description:
The Close Price - EMA Percentage Difference Indicator is an essential tool designed to calculate and display the percentage difference between the closing price of a security and its Exponential Moving Average (EMA). This indicator is particularly useful for traders and analysts who want to understand how far the current price is from its EMA, providing insights into potential price trends and reversals.
Key Features:
Customizable EMA Period: Easily adjust the EMA period to match your trading strategy. Whether you're focusing on short-term trends with a 20-period EMA or analyzing long-term trends with a 200-period EMA, this indicator is flexible to suit your needs.
Percentage Difference Calculation: The indicator computes the percentage difference between the closing price and the selected EMA, allowing you to see how much the current price deviates from its moving average in percentage terms. This calculation helps in identifying potential buying or selling opportunities based on price movements relative to the EMA.
Zero Line Reference: A dotted red line at the zero level is included for quick visual reference. This line helps you instantly identify when the closing price is equal to the EMA, and whether the price is above or below the EMA.
Visual Representation: The percentage difference is plotted on a separate panel below the price chart, providing a clear and intuitive visualization that aids in decision-making.
How to Use:
Adjust the EMA period to fit your analysis or trading strategy.
Observe the percentage difference to understand the strength of the current price in relation to the EMA.
Use the zero line as a reference point to determine whether the price is above (positive values) or below (negative values) the EMA, which can help in identifying overbought or oversold conditions.
This indicator is suitable for all types of traders, from day traders to long-term investors, offering valuable insights into the price dynamics relative to the EMA.
Multi-Timeframe EMA Distance & % Change TableDescription of Multi-Timeframe EMA Distance & % Change Table
The Multi-Timeframe EMA Distance & % Change Table indicator is designed to display the distance and percentage change between the current price and the Exponential Moving Averages (EMAs) on multiple timeframes. It creates a table to show these values, with customizable options for decimal precision .
Key Features:
Inputs:
- Timeframes (tf1, tf2, tf3, tf4): User-defined timeframes for EMA calculations (e.g., 1 minute, 15 minutes, daily, etc.).
- EMA Levels (emaLevel, emaLevel2, emaLevel3): User-defined periods for three different EMAs.
EMA Calculations:
- Computes EMAs for the specified levels (50, 100, 200) on each of the user-selected timeframes.
Plotting:
- Plots the EMAs on the chart with distinct colors: Orange, Teal, and Green for different EMAs.
Display Options:
- Checkbox (displayAsPercentage): Allows the user to toggle between displaying distances or percentage changes.
- Decimal Precision:
- decimalPlacesDistance: Specifies the number of decimal places for rounded distance values.
- decimalPlacesPercentage: Specifies the number of decimal places for rounded percentage values.
Table Creation:
- Location: Table is placed in the top-right corner of the chart.
- Headers: Includes columns for each timeframe and EMA distance/percentage.
Distance and Percentage Calculations:
- Distances: Calculated as the difference between the current price and the EMA values for each timeframe.
- Percentages: Calculated as the distance divided by the EMA value, converted to a percentage.
Decimal Rounding:
- Custom Rounding Function: Ensures that distance and percentage values are displayed with the user-specified number of decimal places.
Color Coding:
- Distance Values: Colored green if positive, red if negative.
- Table Entries: Display either the rounded distance or percentage, based on user selection.
Table Update:
- The table is dynamically updated with either distance or percentage values based on the user's choice and rounded to the specified number of decimal places.
This indicator provides a comprehensive overview of EMA distances and percentage changes across multiple timeframes, with detailed control over the precision of the displayed values.
Fibonacci Timeframe Adaptive EMAThe "Fibonacci Timeframe Adaptive EMA" is a sophisticated trading indicator designed for the TradingView platform, leveraging the power of Exponential Moving Averages (EMAs) determined by Fibonacci sequence lengths to provide traders with dynamic market insights. This indicator overlays directly on the price chart, offering a unique blend of trend analysis, smoothing techniques, and timeframe adaptability, making it an invaluable tool for traders looking to enhance their technical analysis strategy.
Key Features
1. Fibonacci-Based EMA Lengths: Utilizes the Fibonacci sequence to select EMA lengths, incorporating natural mathematical ratios believed to be significant in financial markets. The available lengths range from 1 to 987, allowing for detailed trend analysis over various periods.
2. Multiple Smoothing Methods: Offers the choice between several smoothing techniques, including Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA or RMA), Weighted Moving Average (WMA), and Volume Weighted Moving Average (VWMA). This versatility ensures that users can tailor the indicator to suit their analytical preferences.
3. Timeframe Adaptability: Features the ability to fetch and calculate EMAs from different timeframes, providing a multi-timeframe analysis within a single chart view. This adaptability gives traders a broader perspective on market trends, enabling more informed decision-making.
4. Dynamic Visualization Options: Traders can customize the display to suit their analysis needs, including toggling the visibility of Fibonacci EMA lines, EMA prices, and smoothed EMA lines. Additionally, forecast lines can be projected into the future, offering speculative insights based on current trends.
5. Ema Tail Visualization: An innovative feature allowing for the visualization of the 'tail' or the continuation of EMA lines, which can be particularly useful for identifying trend persistence or reversal points.
6. User-friendly Customization: Through a series of input options, traders can easily adjust the source data, Fibonacci lengths, smoothing method, and visual aspects such as line colors and transparency, ensuring a seamless integration into any trading strategy.
Application and Use Cases
The "Fibonacci Timeframe Adaptive EMA" indicator is designed for traders who appreciate the significance of Fibonacci numbers in market analysis and seek a flexible tool to analyze trends across different timeframes. Whether it's for scalping, day trading, or long-term investing, this indicator can provide valuable insights into price dynamics, trend strengths, and potential reversal points. Its adaptability makes it suitable for various asset classes, including stocks, forex, commodities, and cryptocurrencies.
Main MAs and EMAs multi-timeframe for supportObjective is to map out different multi-timeframe support/resistance , all at once. Includes weekly, daily and 4H EMAs and MAs, as per the follow (allowing customization)
WEEKLY (in pink/purple variations):
- 13 EMA
- 21 EMA
- 34 EMA
- 50 M.A
DAILY (in green variations):
- 21 EMA
- 50 EMA
- 120 M.A.
- 200 M.A.
4H (in yellow/golden colors):
- 400 EMA
- 500 EMA
- 675 EMA
- 715 EMA
- 920 EMA
- 1150 EMA
Notes:
- Quite useful to all types of assets; crypto, commodities , stocks, etc...
- Ideally not to be visible all the time, as it can "pollute" the charts. But very helpful in moments of great volatility
EMA CrossoversUseful for identifying and receiving alerts about uptrends and downtrends.
This script uses two Exponential Moving Averages (EMAs) to find price uptrends and downtrends. An Exponential Moving Average (EMA) is a type of moving average that places a greater weight and significance on the most recent data points. The script produces uptrend and downtrend signals based on crossovers and divergences between the two EMAs, the user will be able to spot a trend change (when the EMAs crossover) and to determine the strength of the current trend (when the EMAs diverge). It is also posible to get alerts for uptrends and downtrends on the web and mobile app with sound and pop-ups as well as via email. The optimal time to enter and exit the market can be concluded from this trend changes.
The user can set their own EMAs, by default they are set to 21 and 55 periods for medium and long term respectively. When the medium term EMA crosses below the long term EMA the asset is in a downtrend and the price will decline, and when the medium term EMA crosses above the long term EMA the asset is in an uptrend and price will increase.
This scripts plots the following indicators and signals on the chart to help the user to identify trends:
1.- Medium and long term EMAs as lines overlaid on the price chart.
2.- Up green triangles above bars when the price is on an uptrend and down red triangles below bars when the price is on a downtrend.
3.- Arrows with text to indicate the start of an uptrend or downtrend.
The user can enable and disable the indicators and signals as well as set colors and shapes to their liking.
This script also lets the user create alerts for uptrends and downtrends. To create a new alert using this script follow this instructions:
1.- Once you added this script to your chart, go to the alerts panel (right on web or bottom tool bar on the mobile app) and add a new alert (alarm clock icon with a plus sign).
2.- A modal window will open. On the “Condition” dropdown menu select “EMA Crossovers”.
3.- On the next dropdown menu (right below the “Condition” one) you can select from two types of alerts “Uptrend started” and “Downtrend started”.
4.- Lastly you can set all the normal alert options and create the alert.
Customizable Daily EMAs (up to 8)This indicator provides you with up to 8 different EMAs that are customizable.
You can specify how many EMAs you want on the chart (up to a maximum of 8), as well as the length and color of each EMA. In addition, the resolution of all EMAs can also be customized - by default all EMAs follow the Daily timeframe but you could set this to any timeframe you want or you could choose for it to follow the timeframe chart as most other EMA Indicators do.
The reason for creating this indicator is because I was looking for Daily EMAs, but wanted to view the chart in a different time period without the EMA lines themselves changing. In addition, I wanted to view ample EMAs at once, and have the ability to change their length as I see fit.
You can see this demonstrated on the 4-hour chart above. Despite the chart being a 4 hourly chart, the EMAs are Daily EMAs.
In the example above all 8 EMAs have been activated, but you could turn any of these off to suit your own preferences.
The default EMAs are set to the following: 20, 50, 100, 200, 5, 9, 13, 26.
The First 4 are ideal for longer-term targets, while the smaller timeframes are more suited to short-term trading targets.
I have made this script Open-source for anybody to view, copy and modify if they need.
Dynamic EMA Stack Support & ResistanceEvery trader needs reliable support and resistance — but static zones and lagging indicators won't cut it in fast-moving markets. This script combines a Fibonacci-based 5-EMA stacking system and left/right pivots that create dynamic support & resistance logic to uncover real-time structural shifts & momentum zones that actually adapt to price action. This isn’t just a mashup — it’s a complete built-from-the-ground-up support & resistance engine designed for scalpers, intraday traders, and trend followers alike.
🧠 🧠 🧠What It Does🧠 🧠 🧠
This script uses two powerful engines working in sync:
1️⃣ EMA Stack (5-EMA Framework)
Built on Fibonacci-based lengths: 5, 8, 13, 21, 34, (configurable) this stack identifies:
🔹 Bullish Stack: EMAs aligned from fastest to slowest (uptrend confirmation)
🔹 Bearish Stack: EMAs aligned inversely (downtrend confirmation)
🟡 Narrowing Zones: When EMAs compress within ATR thresholds → possible breakout or reversal zone
🎯 Labels identify key transitions like:
✅"Begin Bear Trend?"
✅"Uptrend SPRT"
✅"RES?" (resistance test)
2️⃣ Pivot-Based Projection Engine
Using classic Left/Right Bar pivot logic, the script:
📌 Detects early-stage swing highs/lows before full confirmation
📈 Projects horizontal S/R lines that adapt to market structure
🔁 Keeps lines active until a new pivot replaces them
🧩 Syncs beautifully with EMA stack for confluence zones
🎯🎯🎯Key Features for Traders🎯🎯🎯
✅ Trend Detection
→ EMA order reveals real-time bias (bullish, bearish, compression)
✅ Dynamic S/R Zones
→ Historical support/resistance levels auto-draw and extend
✅ Smart Labeling
→ “SPRT”, “RES”, and “Trend?” labels for live context + testing logic
✅ Custom Candle Coloring
→ Choose from Bar Color or Full Candle Overlay modes
✅ Scalper & Swing Compatible
→ Use fast confirmations for scalping or stack consistency for longer trends
⚙️⚙️⚙️How to Use⚙️⚙️⚙️
✅Use Top/Bottom (trend state) Line Colors to quickly read trend conditions.
✅Use Pivot-based support/resistance projections to anticipate where price might pause or reverse.
✅Watch for yellow/blue zones to prepare for volatility shifts/reversals.
✅Combine with volume or momentum indicators for added confirmation.
📐📐📐Customization Options📐📐📐
✅EMA lengths (5, 8, 13, 21, 34) — fully configurable - try 21,34,55, 89, 144 for longer term trend states
✅Left/Right bar pivot settings (default: 21/5)
✅Label size, visibility, and color themes
✅Toggle line and label visibility for clean layouts
✅“Max Bars Back” to control how deep history is scanned safely
🛠🛠🛠Built-In Safeguards🛠🛠🛠
✅ATR-based filters to stabilize compression logic
✅Guarded lookback (max_bars_back) to avoid runtime errors
✅Works on any asset, any timeframe
🏁🏁🏁Final Word🏁🏁🏁
This script is not just a visual tool, it’s a complete trend and structure framework. Whether you're looking for clean trend alignment, dynamic support/resistance, or early warning labels, this system is tuned to help you react with confidence — not hindsight.
Rembember, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages etc Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.
💡💡💡Turn logic into clarity. Structure into trades. And uncertainty into confidence.💡💡💡
EMA+ATR Band MTF Trend EntryThis is a Multi-Timeframe Trend Trading indicator strategy adapted from Sahil Rohmehtra’s Mentorship programme. The trading decision is made by first accessing the trend in higher timeframe (say Monthly) by using TWO EMAs. If the faster EMA (say 20 period) is above Slower EMA (say 50 period) and the price is above slower EMA then the trend is suitable for buyers. Similarly if faster EMA is below slow EMA and the price is below that then trend is suitable for sellers.
Once we access the trend in the higher timeframe we move to the lower timeframe (say Weekly) and access the 5-period RSI value. If RSI is below 30 then we can prepare for possible buy entry in lower (Daily) timeframe if entry conditions are met in daily timeframe. Similarly sell bias can be initiated when the higher timeframe EMA trend is down, daily RSI is above 70 and sell entry condition is met in daily timeframe. The RSI thresholds can be changed by the user.
Once we identified the RSI bias then wait for the confirmation candle in the lower timeframe (say 1 hour). In the entry timeframe we plot a band of 20 EMA of LOWs ± 1 ATR lines. Here,we wait for a candle to close above the 20 EMA of LOWs + 1 ATR for a buy signal with an increase in On Balance Volume (OBV) value. Similarly for sell signal we should get a candle close below the 20 EMA of LOWs - 1 ATR with corresponding change in OBV. This candle is the signal candle.
Once we get a Buy or Sell signal the corresponding stop loss is the nearest LOW - 1 ATR or HIGH + 1 ATR. The ATR scaling may be changed by the user. Now if another candle closes above the high of the buy signal candle then enter on buy. If the low of the buy signal candle is broken then it is a potential short-term sell entry. Similarly if another candle closes below the sell signal candle then enter short and if there is a close above high of the signal candle then it is a potential buy entry.
EMA Trend Dashboard
Trend Indicator using 3 custom EMA lines. Displays a table with 5 rows(position configurable)
-First line shows relative position of EMA lines to each other and outputs Bull, Weak Bull, Flat, Weak Bear, or Bear. EMA line1 should be less than EMA line2 and EMA line 2 should be less than EMA line3. Default is 9,21,50.
-Second through fourth line shows the slant of each EMA line. Up, Down, or Flat. Threshold for what is considered a slant is configurable. Also added a "steep" threshold configuration for steep slants.
-Fifth line shows exhaustion and is a simple, configurable calculation of the distance between EMA line1 and EMA line2.
--Lines one and five change depending on its value but ALL other colors are able to be changed.
--Default is somewhat set to work well with Micro E-mini Futures but this indicator can be changed to work on anything. I created it to help get a quick overview of short-term trend on futures. I used ChatGPT to help but I am still not sure if it actually took longer because of it.
Color Change EMA 200 (4H)200 Color Change EMA (4H Locked)
Overview
This indicator displays a 200-period Exponential Moving Average (EMA) that is locked to the 4-hour timeframe, regardless of what chart timeframe you're currently viewing. The EMA line changes color dynamically based on price action to provide clear visual trend signals.
Key Features
• Multi-Timeframe Capability : Always shows the 4H 200 EMA on any chart timeframe
• Dynamic Color Coding :
- Green: Price is above the 200 EMA (bullish condition)
- Red: Price is below the 200 EMA (bearish condition)
• Clean Visual Design : Bold 2-pixel line width for clear visibility
• Real-time Updates : Colors change instantly as price crosses above or below the EMA
How to Use
1. Add the indicator to any timeframe chart
2. The 4H 200 EMA will appear as a smooth line
3. Watch for color changes:
- When the line turns green, it indicates price strength above the key moving average
- When the line turns red, it suggests price weakness below the moving average
4. Use for trend identification, support/resistance levels, and entry/exit timing
Best Practices
• Combine with other technical analysis tools for confirmation
• Use the color changes as alerts for potential trend shifts
• Consider the 200 EMA as a major support/resistance level
• Works well for swing trading and position sizing decisions
Settings
• Length : Default 200 periods (customizable)
• Source : Default closing price (customizable)
Perfect for traders who want to keep the important 4H 200 EMA visible across all timeframes with instant visual trend feedback.
ORB-5Min + Adaptive 12/48 EMA + PDH/PDL
Overview:
This indicator combines the 5-Minute Opening Range Breakout (ORB), Adaptive 12/48 Exponential Moving Averages (EMAs), and Previous Day High/Low (PDH/PDL) levels to help traders identify key intraday levels and market trends.
Key Components and Logic:
5-Minute Opening Range Breakout (ORB):
Displays the high and low from the first 5-minute candle of the trading session.
Includes customizable opacity for the range fill.
Helps traders spot breakout opportunities and key support/resistance zones.
Adaptive 12/48 EMA System:
Displays EMAs for 9, 12, 48, and 200 periods.
The 12 EMA changes color based on whether the price is entirely above or below it.
The 48 EMA changes color depending on its relationship with the 12 EMA.
Provides dynamic trend identification and potential entry/exit signals.
Previous Day High/Low (PDH/PDL):
Displays the previous day’s high and low levels.
Useful for tracking key intraday support/resistance levels and potential reversal points.
Summary:
This script stands out by blending three popular intraday tools into a single comprehensive indicator. The combined visualization provides a layered market context that assists traders in making informed decisions quickly. The color-adaptive EMAs add clarity to trend direction, while the ORB and PDH/PDL levels highlight significant price zones for breakout or reversal trades.
How to Use:
Breakout Trades: Watch for price breaks above the ORB high or below the ORB low, especially when supported by EMA trends.
Trend Confirmation: Use the color-adaptive 12/48 EMA system to gauge momentum and market direction.
Reversal or Continuation: Observe how price reacts around PDH/PDL levels, especially if confluence with EMAs occurs.
This indicator is suitable for day traders seeking a clear and efficient way to track market structure, identify trends, and spot potential trade opportunities during regular market hours.
MicuRobert EMA Cross StrategyThis is a repost of a old strategy that cant be updated anymore, it was a request for a user made in Oct, 6, 2015
Here's a possible engaging description for the tradingview script:
**MicuRobert EMA Cross V2: A Powerful Trading Strategy**
Join the ranks of successful traders with this advanced strategy, designed to help you profit from market trends. The MicuRobert EMA Cross V2 combines two essential indicators - Exponential Moving Average (EMA) and Divergence EMA (DEMA) - to generate buy and sell signals.
**Key Features:**
* **Trading Session Filter**: Only trade during your preferred session, ensuring you're in sync with market conditions.
* **Trailing Stop**: Automatically adjust stop-loss levels to lock in profits or limit losses.
* **Customizable Trade Size**: Set the size of each trade based on your risk tolerance and trading goals.
**How it Works:**
The script uses two EMAs (5-period and 34-period) to identify trends. When the shorter EMA crosses above the longer one, a buy signal is generated. Conversely, when the shorter EMA falls below the longer one, a sell signal is triggered. The strategy also incorporates divergence analysis between price action and the EMAs.
**Visual Aids:**
* **EMA Plots**: Visualize the two EMAs on your chart to gauge market momentum.
* **Buy/Sell Signals**: See when buy or sell signals are generated, along with their corresponding entry prices.
* **Trailing Stop Lines**: Monitor stop-loss levels as they adjust based on price action.
**Get Started:**
Download this script and start trading like a pro! With its robust features and customizable settings, the MicuRobert EMA Cross V2 is an excellent addition to any trader's arsenal.
~Llama3
