Ema Cross Over Script Signal Trading View
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.
Ema cross over script signal trading view. To clarify old data points retain a multiplier albeit declining to almost nothing even if they are outside of the selected data series length. 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. Also shows entry and quit points depending of ema 3 crosses ema 9.
Three ema crossover trading strategy. An exponential moving average ema is very similar to and is a type of a weighted moving average. The moving average crossover trading strategy is possibly the most popular trading strategy in the world of trading.
This strategy works well for cryptocurrencies at all time frames. 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. Traditional strategies are always long or short.
Sometimes the simple strategies are the best strategies. Defaults settings for the periods and colours can be changed the user to meet their own preferences using the settings button i e. 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.
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. This script marks trending analisys when ema 21 crosses ema 50 in order to stablish a bullish or bearish trend. 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.
This is a indicator with some parts of the ichimoku and ema. First of them were written in the middle of xx century when commodities trading strategies became popular. However it does not work for stocks or forex.
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