OPEN-SOURCE SCRIPT
XAUUSD EMA21-50 VWAP RSI Strategy (15m)
✅ EMA 21 acts as trend filter — trade only in the EMA direction.
✅ Use price action confirmation near EMA 21 (pins, engulfing candles).
✅ Avoid trading when price is flat around EMA 21 → low momentum.
✅ Combine with support/resistance zones for higher accuracy.
✅ Use price action confirmation near EMA 21 (pins, engulfing candles).
✅ Avoid trading when price is flat around EMA 21 → low momentum.
✅ Combine with support/resistance zones for higher accuracy.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.