OPEN-SOURCE SCRIPT
EMAgain

EMAgain in ProfitTrailer is the strategy using the spread difference between the price and combination of fast EMA and slow EMA .
Buy value and time frame numbers are from popular setting, which can be modified in format.
If you set buy value positive for gain starategy, it is mostly between the price and slow EMA except one or two candle right after cross (sometimes three candles). In the time point indicated by "▲", the trailing for buy will start.
If you set buy value negative for gain starategy, it is mostly between the price and fast EMA except one or two candle right after cross (sometimes three candles). In the time point indicated by "▼", the trailing for buy will start.
This script is to help myself understand the buy strategies of ProfitTrailer.
Any comments and suggestions are welcome.
Buy value and time frame numbers are from popular setting, which can be modified in format.
If you set buy value positive for gain starategy, it is mostly between the price and slow EMA except one or two candle right after cross (sometimes three candles). In the time point indicated by "▲", the trailing for buy will start.
If you set buy value negative for gain starategy, it is mostly between the price and fast EMA except one or two candle right after cross (sometimes three candles). In the time point indicated by "▼", the trailing for buy will start.
This script is to help myself understand the buy strategies of ProfitTrailer.
Any comments and suggestions are welcome.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.