OPEN-SOURCE SCRIPT
The Trade Plan 9 & 15 EMA
⭐ What Are EMAs?
An Exponential Moving Average (EMA) gives more weight to recent prices, making it more responsive than a simple moving average.
9-EMA = very fast, reacts quickly to price changes
15-EMA = slightly slower, smooths short-term noise
Together they help identify momentum shifts.
📈 How the 9/15 EMA Strategy Works
1. Buy Signal (Bullish Crossover)
You enter a long (buy) trade when:
➡ 9 EMA crosses above the 15 EMA
This suggests momentum is shifting upward and a new uptrend may be forming.
2. Sell Signal (Bearish Crossover)
You enter a short (sell) trade or exit long positions when:
➡ 9 EMA crosses below the 15 EMA
This suggests momentum is turning downward.
🔧 How Traders Typically Use It
Entry
Wait for a clear crossover.
Confirm with price closing on the same side of EMAs.
Some traders add confirmation using RSI, MACD, or support/resistance.
Exit
Several options:
Exit when the opposite crossover occurs.
Exit at predetermined risk-reward levels (e.g., 1:2).
Use trailing stop below/above EMAs.
👍 Strengths
Easy to follow
Good for fast-moving markets
Works well on trending markets
Minimal indicators needed
👎 Weaknesses
Whipsaws in sideways markets
Many false signals on very low timeframes
Works best with additional filters
🕒 Common Timeframes
Scalping: 1m, 5m
Day trading: 5m, 15m
Swing trading: 1H, 4H
An Exponential Moving Average (EMA) gives more weight to recent prices, making it more responsive than a simple moving average.
9-EMA = very fast, reacts quickly to price changes
15-EMA = slightly slower, smooths short-term noise
Together they help identify momentum shifts.
📈 How the 9/15 EMA Strategy Works
1. Buy Signal (Bullish Crossover)
You enter a long (buy) trade when:
➡ 9 EMA crosses above the 15 EMA
This suggests momentum is shifting upward and a new uptrend may be forming.
2. Sell Signal (Bearish Crossover)
You enter a short (sell) trade or exit long positions when:
➡ 9 EMA crosses below the 15 EMA
This suggests momentum is turning downward.
🔧 How Traders Typically Use It
Entry
Wait for a clear crossover.
Confirm with price closing on the same side of EMAs.
Some traders add confirmation using RSI, MACD, or support/resistance.
Exit
Several options:
Exit when the opposite crossover occurs.
Exit at predetermined risk-reward levels (e.g., 1:2).
Use trailing stop below/above EMAs.
👍 Strengths
Easy to follow
Good for fast-moving markets
Works well on trending markets
Minimal indicators needed
👎 Weaknesses
Whipsaws in sideways markets
Many false signals on very low timeframes
Works best with additional filters
🕒 Common Timeframes
Scalping: 1m, 5m
Day trading: 5m, 15m
Swing trading: 1H, 4H
Script de código aberto
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
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
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.