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Ema-crossover

RSI-EMA-Crossing with Donchian-Stop-LossThe Donchian RSI Indicator is a visual tool that combines momentum and trend analysis to identify high-quality long opportunities based on RSI crossovers, price action, and Donchian channel dynamics. How It Works Momentum Signal: A bullish RSI crossover is detected when the RSI crosses above its moving average. Trend Filter: A signal is only valid if the crossover occurs while the price is above its moving average – filtering out entries against the prevailing trend. Signal Candle: The high of the crossover candle is stored. Entry Trigger: A valid signal occurs when a later candle closes above that signal high. Stop-Loss (Visual Only) The lower band of the Donchian Channel acts as a visual reference for a dynamic stop-loss level. Features Customizable RSI, Donchian Channel, and moving average lengths Selectable MA types: SMA, EMA, WMA, VWMA, HMA Signal candle highlighted (yellow background) Entry points labeled on the chart Price MA and Donchian Channel plotted Trend filter improves signal quality by confirming upward bias Use Case Designed for swing and position traders Optimized for use on daily or 4H charts
Pine Script® indicator
by Kahael
TrendMasterPro_FekonomiTrend Change and Start Signals with Weighted Conditions The Trend Change and Start Signals with Weighted Conditions indicator leverages various technical analysis tools to generate reliable buy and sell signals. This indicator helps investors more accurately identify trend changes and start signals in the market. Features: Utilizes popular technical analysis tools such as MACD, RSI, EMA, and Ichimoku Cloud. Enhances signal accuracy with additional indicators like ADX and Volume Increase. Allows users to adjust the weights of each condition to set their importance. The Confidence Level parameter lets you adjust the accuracy rate of the signals. Visual Signals make it easy to track buy and sell points directly on the chart. How It Works: Condition Weights: Users assign weights to indicators like MACD, RSI, EMA, and Ichimoku Cloud. If you have no idea, use default settings. Condition Fulfillment: Checks if the conditions for each indicator are met. Confidence Level: The total weight of the fulfilled conditions must exceed the user-defined confidence level. Signal Generation: When these conditions are met, a buy or sell signal is generated and visually displayed on the chart. Customization: Personalize Signals: By adjusting the weights of the indicators used, you can personalize the signals to match your trading strategy and preferences. Use Cases: Short-Term Investments: Identify quick trend changes for short-term trading decisions. Long-Term Investments: Detect long-term trend starts and changes for strategic investment decisions. Technical Analysis: Combine different technical analysis tools for more comprehensive and reliable analyses. With this indicator, you can better understand market movements and make more informed investment decisions. Try it now and enhance your trading strategy! by Fekonomi
Pine Script® indicator
by fekonomi
Phase Cross Strategy with Zone### Introduction to the Strategy Welcome to the **Phase Cross Strategy with Zone and EMA Analysis**. This strategy is designed to help traders identify potential buy and sell opportunities based on the crossover of smoothed oscillators (referred to as "phases") and exponential moving averages (EMAs). By combining these two methods, the strategy offers a versatile tool for both trend-following and short-term trading setups. ### Key Features 1. **Phase Cross Signals**: - The strategy uses two smoothed oscillators: - **Leading Phase**: A simple moving average (SMA) with an upward offset. - **Lagging Phase**: An exponential moving average (EMA) with a downward offset. - Buy and sell signals are generated when these phases cross over or under each other, visually represented on the chart with green (buy) and red (sell) labels. 2. **Phase Zone Visualization**: - The area between the two phases is filled with a green or red zone, indicating bullish or bearish conditions: - Green zone: Leading phase is above the lagging phase (potential uptrend). - Red zone: Leading phase is below the lagging phase (potential downtrend). 3. **EMA Analysis**: - Includes five commonly used EMAs (13, 26, 50, 100, and 200) for additional trend analysis. - Crossovers of the EMA 13 and EMA 26 act as secondary buy/sell signals to confirm or enhance the phase-based signals. 4. **Customizable Parameters**: - You can adjust the smoothing length, source (price data), and offset to fine-tune the strategy for your preferred trading style. ### What to Pay Attention To 1. **Phases and Zones**: - Use the green/red phase zone as an overall trend guide. - Avoid taking trades when the phases are too close or choppy, as it may indicate a ranging market. 2. **EMA Trends**: - Align your trades with the longer-term trend shown by the EMAs. For example: - In an uptrend (price above EMA 50 or EMA 200), prioritize buy signals. - In a downtrend (price below EMA 50 or EMA 200), prioritize sell signals. 3. **Signal Confirmation**: - Consider combining phase cross signals with EMA crossovers for higher-confidence trades. - Look for confluence between the phase signals and EMA trends. 4. **Risk Management**: - Always set stop-loss and take-profit levels to manage risk. - Use the phase and EMA zones to estimate potential support/resistance areas for exits. 5. **Whipsaws and False Signals**: - Be cautious in low-volatility or sideways markets, as the strategy may generate false signals. - Use additional indicators or filters to avoid entering trades during unclear market conditions. ### How to Use 1. Add the strategy to your chart in TradingView. 2. Adjust the input settings (e.g., smoothing length, offsets) to suit your trading preferences. 3. Enable the strategy tester to evaluate its performance on historical data. 4. Combine the signals with your own analysis and risk management plan for best results. This strategy is a versatile tool, but like any trading method, it requires proper understanding and discretion. Always backtest thoroughly and trade with discipline. Let me know if you need further assistance or adjustments to the strategy!
Pine Script® strategy
by jwealth168
1
HOD/LOD/PMH/PML/PDH/PDL Strategy by @tradingbauhaus This script is a trading strategy @tradingbauhaus designed to trade based on key price levels, such as the High of Day (HOD), Low of Day (LOD), Premarket High (PMH), Premarket Low (PML), Previous Day High (PDH), and Previous Day Low (PDL). Below, I’ll explain in detail what the script does: Core Functionality of the Script: Calculates Key Price Levels: HOD (High of Day): The highest price of the current day. LOD (Low of Day): The lowest price of the current day. PMH (Premarket High): The highest price during the premarket session (before the market opens). PML (Premarket Low): The lowest price during the premarket session. PDH (Previous Day High): The highest price of the previous day. PDL (Previous Day Low): The lowest price of the previous day. Draws Horizontal Lines on the Chart: Plots horizontal lines on the chart for each key level (HOD, LOD, PMH, PML, PDH, PDL) with specific colors for easy visual identification. Defines Entry and Exit Rules: Long Entry (Buy): If the price crosses above the PMH (Premarket High) or the PDH (Previous Day High). Short Entry (Sell): If the price crosses below the PML (Premarket Low) or the PDL (Previous Day Low). Long Exit: If the price reaches the HOD (High of Day) during a long position. Short Exit: If the price reaches the LOD (Low of Day) during a short position. How the Script Works Step by Step: Calculates Key Levels: Uses the request.security function to fetch the HOD and LOD of the current day, as well as the highs and lows of the previous day (PDH and PDL). Calculates the PMH and PML during the premarket session (before 9:30 AM). Plots Levels on the Chart: Uses the plot function to draw horizontal lines on the chart representing the key levels (HOD, LOD, PMH, PML, PDH, PDL). Each level has a specific color for easy identification: HOD: White. LOD: Purple. PDH: Orange. PDL: Blue. PMH: Green. PML: Red. Defines Trading Rules: Uses conditions with ta.crossover and ta.crossunder to detect when the price crosses key levels. Long Entry: If the price crosses above the PMH or PDH, a long position (buy) is opened. Short Entry: If the price crosses below the PML or PDL, a short position (sell) is opened. Long Exit: If the price reaches the HOD during a long position, the position is closed. Short Exit: If the price reaches the LOD during a short position, the position is closed. Executes Orders Automatically: Uses the strategy.entry and strategy.close functions to open and close positions automatically based on the defined rules. Advantages of This Strategy: Based on Key Levels: Uses important price levels that often act as support and resistance. Easy to Visualize: Horizontal lines on the chart make it easy to identify levels. Automated: Entries and exits are executed automatically based on the defined rules. Limitations of This Strategy: Dependent on Volatility: Works best in markets with significant price movements. False Crosses: There may be false crosses that generate incorrect signals. No Advanced Risk Management: Does not include dynamic stop-loss or take-profit mechanisms. How to Improve the Strategy: Add Stop-Loss and Take-Profit: To limit losses and lock in profits. Filter Signals with Indicators: Use RSI, MACD, or other indicators to confirm signals. Optimize Levels: Adjust key levels based on the asset’s behavior. In summary, this script is a trading strategy that operates based on key price levels, such as HOD, LOD, PMH, PML, PDH, and PDL. It is useful for traders who want to trade based on significant support and resistance levels.
Pine Script® strategy
by tradingbauhaus
2
Dysmen signalsDysmen Signals Indicator The "Dysmen Signals" indicator is designed to provide clear buy and sell signals based on the crossover of various Exponential Moving Averages (EMAs). This indicator employs a combination of short-term and long-term EMA crossovers to identify potential trading opportunities, while also highlighting significant market movements through specific signals such as the Golden Cross and Death Cross. Indicator Components 1. Exponential Moving Averages (EMAs) - EMA 14: A short-term EMA calculated over 14 periods. - EMA 20: Another short-term EMA calculated over 20 periods. - EMA 50: A mid-term EMA used as a trend filter. - EMA 200: A long-term EMA representing the overall trend. 2. Buy and Sell Signals - Buy Signal: This is triggered when the EMA 14 crosses above the EMA 20 and the closing price is above the EMA 50. This suggests a bullish trend in the market. - Sell Signal: This is triggered when the EMA 14 crosses below the EMA 20 and the closing price is below the EMA 50. This indicates a bearish trend in the market. 3. Golden Cross and Death Cross - Golden Cross (GC): Occurs when the EMA 50 crosses above the EMA 200. This is a strong bullish signal indicating a potential long-term upward trend. - Death Cross (DC): Occurs when the EMA 50 crosses below the EMA 200. This is a strong bearish signal suggesting a potential long-term downward trend. 4. Signal Visualization - Buy and Sell signals are marked on the chart with green and red triangles respectively. These signals help traders identify potential entry and exit points. - Golden Cross and Death Cross signals are indicated with yellow and purple diamonds respectively, providing insight into major market trend shifts. 5. Candle Coloring - Candles are colored green if a buy signal is active and red if a sell signal is active. This visual aid helps in quickly identifying the prevailing market sentiment. 6. EMA 200 Plotting - The EMA 200 is plotted as a white, semi-thick line on the chart. This line serves as a reference for the overall long-term trend. Detailed Code Explanation - EMA Calculations: The script calculates the EMA for 14, 20, 50, and 200 periods using the ta.ema function. - Crossover Conditions: It uses the ta.crossover and ta.crossunder functions to detect when the EMAs cross each other, triggering buy and sell signals. - Plotting Signals: The plotshape function is utilized to display BUY and SELL signals as well as Golden Cross and Death Cross signals on the chart. - Candle Coloring Logic: A variable direction is used to store the current market direction based on the latest signal, which then determines the candle colors using the barcolor function. - EMA 200 Display: The plot function is used to draw the EMA 200 line on the chart with the specified color and thickness. By employing this indicator, traders can gain valuable insights into potential market trends and make more informed trading decisions based on the crossover of key EMAs.
Pine Script® indicator
by dysmenorrhoea666
2
9:22 5 MIN 15 MIN BANKNIFTY9:22 5 MIN 15 MIN BANKNIFTY Strategy with Additional Filters The 9:22 5 MIN 15 MIN BANKNIFTY Strategy with Additional Filters is a trend-following strategy designed for trading the BANKNIFTY instrument on a 5-minute chart. It aims to capture potential price movements by generating buy and sell signals based on moving average crossovers, breakout confirmations, and additional filters. Key Features: Fast MA Length: 9 Slow MA Length: 22 ATR Length: 14 ATR Filter: 0.5 Trailing Stop Percentage: 1.5% Pullback Threshold: 0.5 Minimum Candle Body Percentage: 0.5 Use Breakout Confirmation: Enabled Additional Filters: Volume Threshold: Set a minimum volume requirement for trades. Trend Filter: Optionally enable a trend filter based on a higher timeframe moving average. Momentum Filter: Optionally enable a momentum filter using the RSI indicator. Support/Resistance Filter: Optionally enable a filter based on predefined support and resistance levels. Buy and Sell Signals: Buy Signal: A buy signal is generated when the fast moving average crosses above the slow moving average, with additional confirmation from breakout and volume criteria, along with optional trend, momentum, and support/resistance filters. Sell Signal: A sell signal is generated when the fast moving average crosses below the slow moving average, with similar confirmation and filtering criteria as the buy signal. Exit Strategy: The strategy employs a trailing stop-loss mechanism based on a percentage of the average entry price. The stop-loss is dynamically adjusted to protect profits while allowing for potential upside. Please note that this strategy should be thoroughly backtested and evaluated in different market conditions before applying it to live trading. It is also recommended to adjust the parameters and filters according to individual preferences and risk tolerance. Feel free to customise and adapt the description as needed to suit your preferences and the specific details of your strategy.
Pine Script® strategy
by ashokkumarsand
TrendicatorThis is a very simple crossover script that looks at a exponential moving average with a standard length set at 20, which may be redefined by the user. A (Uptrend) buy signal is given once a candle closes above the moving average, coloring the exponential average green, and a sell signal is given once a candle closes below the moving average, coloring the exponential average red. The goal of this indicator is to provide the user with a rather robust idea of whether the market is trending upwards or downwards, more so than providing definitive buy or sell signals. It works with symbols that do not change drastically in shorter time periods (I only trade XAU/USD). FXOPEN:XAUUSD
Pine Script® indicator
by dannhau2
6
Two EMA Cross+ IndicatorHello traders! Today we gonna demonstrate out heuristic of classical EMA Indicator. We decided to simplify your trading staff and add some meta data. So, let’s look at it from the very beginning and initially speak about what EMA is and then I’ll tell you why our indicator is extremely convenient and useful. So, what is EMA? An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average ( SMA ), which applies an equal weight to all observations in the period. Key takeaways: -The EMA is a moving average that places a greater weight and significance on the most recent data points. -Like all moving averages, this technical indicator is used to produce buy and sell signals based on crossovers and divergences from the historical average. As you know, EMA Cross is one of basic and most popular Entry Indicators. It’s kinda easy to understand and even easier to use. This indicator consists of two EMAs - fast (red line) and slow (blue line). Fast EMA is EMA of less length that the fast EMA (default parameter is 9). Thus, it reacts the price change more actively than the slow. We can say that it takes into consideration the most actual price movements. Speaking about slow EMA (default parameter is 30) it’s more inert and it’s more difficult to change its action vastly. We can say that the EMA «looks» at the historical data more accurate, but doesn’t forget about actual price movements. But how it works? Trivial. When the fast EMA crosses the slow bellow, it provides bearish signal, whereas when it crosses it above, it’s bullish signal. Even more, we added some «confirmation» factor. As you know, when the price is above the slow EMA, the slow EMA plays the role of support line for price and means that the price is in uptrend. Thus, when we see the cross above and it takes place under the price, we called it «strong Bullish Signal». When the price is bellow the slow EMA, slow EMA is resistance. Thus, when we see the cross bellow and it’s under the slow EMA, we called it «strong Bearish Signal». To make your trading process easier, we plotted the places of crosses on the chart and added the descriptions of the crosses. The flags mean the place of cross. The default parameters have nice backtest on 1H chart. However, you can also change them depending on your goals and the time period. The places of cross looks like flags (red flag is «bearish» cross, green - «bullish»). As you can see, it’s really convenient. I hope you’ll enjoy our heuristic of classical EMA Cross. We are sure that the meta data that we are taking into consideration makes the signals more accurate and the deals more profitable. The SkyRock Team with support of Trading View try to make your trading process more successful and profitable. Every day we works in conjunction to boost both your skills and trading balance. We hope, it’s really useful for you, dear traders!
Pine Script® indicator
by Skyrexio
6
MACD Crossover Trend IndicatorHow this indicator works: This indicator detects MACD Crossovers based on the current trend. It checks wether the current close price is above or below the 200 EMA and therefore decides whether we are in an up- or down trend. UP-TREND: If the MACD is below 0 and crosses up the signal line, then this is a BUY signal! DOWN-TREND: If the MACD is above 0 and crosses down the signal line, then this is a SELL signal! How to trade this: First rule: Be consistent! Second rule: You will have lost trades and losing streaks - deal with it! First set the SL slightly below the last significant low (eventually add/subtract the ATR value to/from it) Then adjust the TP and ALWAYS use a RR ratio of 1.5. NEVER get out of the trade earlier Take every possible trade! Important: Money management is key... so be consistent! Have fun! :)
Pine Script® indicator
by mastixmc
4
EMA Crossover StrategyEMA Crossover Strategy This strategy will enter a long trade when the 21 EMA crosses over the 55 EMA and both EMAs and the close price are above the 200 EMA (long-term trend). It will enter a short trade when the 21 EMA crosses under the 55 EMA and both EMAs and the close price are below the 200 EMA. It will exit a long trade when the RSI crosses under from overbought and indicates that the uptrend could be coming to an end. It will exit a short trade when the RSI crosses over from oversold and indicates that the downtrend could be coming to an end. Backtesting shows that it works best on: 30 MIN: SYMBOL - PROFIT FACTOR AUDCAD - 1.126 EURJPY - 1.12 EURNZD - 1.04 EURUSD - 1.65 GBPAUD - 1.27 USDCAD - 1.08 1 HR: SYMBOL - PROFIT FACTOR CADJPY- 1.23 EURNZD- 1.166 GBPJPY- 1.23 GBPUSD- 1.282 NZDJPY- 1.246 USDCHF- 1.344 3 HR: SYMBOL - PROFIT FACTOR CADCHF- 1.975 EURGBP- 1.776 EURNZD- 1.911 GBPAUD- 1.364 GBPCHF- 1.311 USDJPY- 1.162 XAUUSD - 2.00 As always, this strategy does not guarantee you to achieve profits and you should always use confirmations before entering a trade.
Pine Script® strategy
by UnknownUnicorn8106969
6
EMA X BF 🚀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. 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. There are 2 Exponential Moving Averages, one fast and one slow. When the fast EMA crosses above the slow EMA, this can be considered bullish and may signal an upside move. Conversely, a cross to the downside of the fast EMA under the slow EMA can be considered bearish. This strategy uses the same principle but uses different sources for the 2 EMAs; instead of using close values, we use ohlc4 values for the fast EMA and hlc3 values for the slow EMA. The idea is that a trader might enter a long position upon a cross up and reverse position and go short upon the next cross down. We use a simple 6% stop loss for both long and short positions. This strategy is tuned to a 6hr chart for Bitcoin USD pairs. INSTRUCTIONS Go Long when the background is green Go short when the background is red White background means sideways market: a no trade zone
Pine Script® strategy
by bennef
Mix1 : Ema Cross + Trend Channel [Gu5]Based on Trend Channel Ema-crossover is added Crossing alerts, only on trend Basado en mi anterior indicador, Trend Channel Se agrega Cruce de Medias Moviles (Ema-crossover) Las alertas solo son en favor a la tendencia El valor de SMA Range es arbitrario (No Backtesting). Cambia la amplitud de canal que determina cuando es rango (barras amarillas por estar muy cerca del SMA200, sin tendencia definida) Range Multiplier adapta el indicador a distintos mercados //Setting recommended for SMA Range //BTCUSD = 100 //EURUSD = 1000 //SPX = 100 //ETHUSD = 10 Si te fue útil este indicador, puedes comprarme una cerveza ;)
Pine Script® indicator
by gu5tavo71
96
Simple Fibonacci EMA StrategyThis 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. This strategy works well for cryptocurrencies at all time frames. However, it does not work for stocks or forex. Sometimes, the simple strategies are the best strategies, especially in markets that have not been dominated by institutions. When editing how much of your balance to trade, attach at least one decimal place. For instance, 12.0, 90.0, and 83.3 would work, but 100, 32, or 70 does not work.
Pine Script® strategy
by aoeuaoeu
4