OPEN-SOURCE SCRIPT

EMA Cross + RSI Scalping Strategy

105
One of the best scalp trading strategies is the "EMA Cross + RSI" strategy. It combines trend-following with momentum confirmation, making it effective for short-term trades.
Key Components:
Exponential Moving Averages (EMAs):

Use a fast EMA (e.g., 9-period) and a slow EMA (e.g., 21-period).

The crossover of the fast EMA above the slow EMA signals a potential buy opportunity.

The crossover of the fast EMA below the slow EMA signals a potential sell opportunity.

Relative Strength Index (RSI):

Use a 14-period RSI to confirm momentum.

For buy signals, RSI should be above 50 (bullish momentum).

For sell signals, RSI should be below 50 (bearish momentum).

Time Frame:

This strategy works best on 1-minute, 5-minute, or 15-minute charts.

Risk Management:

Use a stop-loss below the recent swing low (for buys) or above the recent swing high (for sells).

Aim for a risk-reward ratio of 1:1.5 or 1:2.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.