ChrisKaye

5 EMAs plus Crossing Alerts

Hi all,

This is a simple indicator that plots 5 EMA lines of your choice to the screen.
Can be used to trigger scalping Bots (stoploss around 0.5% recommended, take profit 1% or higher, please backtest!)

Also can be used for manual scalping, 1 or 2 candles at a time.

Features:
1) Alerts are triggered when EMAs 1 (Signal line) and 2 (Baseline) cross - a Long signal is called if the cross is above EMA 3 ( Trendline ), a short if the cross is below EMA3
2) Signals are represented visually as a triangle on the chart, below the candles is a long, above is a short
3) TradingView Alerts can be easily set as I have labelled the signals clearly as many other Indicators like this aren’t easy to work out if trying to create alerts to trigger a 3commas bot, for example!

Each EMA is fully customisable and if you wish to take advantage of the alerts, only a few simple rules need to be followed:
EMA1 needs to be less than EMA2.
EMA2 needs to be the same or greater than EMA3

That’s it, happy trading!

Big shout out to B and the gang over at Crypto Trading Group!
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Comments

Hi Chris,

Ive been using this indicator and love it. I have a simple request I'm hoping you can help. Can you revise this indicator so it can trigger alerts for multiple EMAS. For Example, can you add the ability for EMA 3 and EMA 4 to also trigger a crossover alert.

Thanks.
Reply
great indicator love it, thank you....
Reply
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