OPEN-SOURCE SCRIPT

EMA TEMA crossover

Hello,

as usual recently the chart is bugged if I dare post a log one so I deleted and reposted...

here is a simple ema/team script that could allow you to catch trends.
You can play with parameters to get alerted of strong trends, or to detect trends early on.

I want to adapt this to an inside bar strategy, I am going to release that in a while, it is not my priority thought I am a countertrend trader, so I cannot say why, but what I have seen is inside bar breaks in very strong trends work very well.

There is a condition for this inidcator to work: you have to use it on a Heikin Ashi chart (the candle type, selectable in the area right of the timeframe).

Works sometimes. I advice backtesting any strategy before using. Idk maybe this could work decently, seems to have given big winners on bch recently. That huge one from 600 to 1800 lol. *3
snapshot


* No one should pay for things this simple by the way...
crossoverExponential Moving Average (EMA)exponentialmovingaveragestrendTrend Analysis

Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

Quer usar esse script no gráfico?


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