It s my first script so i have used other peoples script chris moody and davidr as reference cause i really have no idea myself on how to script.
Ema cross over script signal trading view. Traditional strategies are always long or short. Simple ema with the option to either display both or consolidate them as one single ema will change color based on a cross of the two ema values entered programmed alerts for bullish bearish crossover enjoy. The moving average crossover trading strategy is possibly the most popular trading strategy in the world of trading. Use it with any forex currency pair or any stock with any timeframe.
However it does not work for stocks or forex. It is a trend following trading strategy so works best in trending market. This strategy is a good example of so called traditional strategies. However it does not work for stocks or forex.
Ema 200 is showed in order to take a better analisys of in or out also when rsi is down 30 level a purple flag is showed and an orange flag when 80 level is crossed up this script works. Three ema crossover trading strategy. First of them were written in the middle of xx century when commodities trading strategies became popular. Also shows entry and quit points depending of ema 3 crosses ema 9.
Defaults settings for the periods and colours can be changed the user to meet their own preferences using the settings button i e. This strategy works well for cryptocurrencies at all time frames. This script marks trending analisys when ema 21 crosses ema 50 in order to stablish a bullish or bearish trend. An exponential moving average ema is very similar to and is a type of a weighted moving average.
This strategy works well for cryptocurrencies at all time frames. Quick script i put together to complete the following. Simple 2 ema crossover script plotting a green or red cloud and entry or exit signals. Sometimes the simple strategies are the best strategies.
Sometimes the simple strategies are the best strategies. It can also be useful to judge price action momentum or severity by looking at the angle of the 2 emas or the distance between them. Ema crossover strategy a simple ema cross is a useful indication of a change in direction of a trend and is a very popular tool in trading. This script gives a buy signal when the 21 ema crosses above the 55 ema and a sell signal when the 55 ema crosses below the 21 ema.
When a shorter sma default set to 10 periods and a longer ema default set to 20 periods cross over a cross is placed upon the chart at the crossover point. The major difference with the ema is that old data points never leave the average.
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