OPEN-SOURCE SCRIPT
Channel Trend and 3 EMA Stratgy MHG-V.6.1.4
Dear Traders..
This Startgy use the 3 tools
1- Trend Detection
2- draw the Ascending and Descending channels
3- Use the 3 Moving average for take the acceptant for position entry.
If ascending channel and make the buy signal, then watch the EMA 2 if the price above the 2 EMA you can open the Long position.
SL alittle under the 2 EMA Curve.
for short position riverce the above manual...
This Startgy use the 3 tools
1- Trend Detection
2- draw the Ascending and Descending channels
3- Use the 3 Moving average for take the acceptant for position entry.
If ascending channel and make the buy signal, then watch the EMA 2 if the price above the 2 EMA you can open the Long position.
SL alittle under the 2 EMA Curve.
for short position riverce the above manual...
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.
For quick access on a chart, add this script to your favorites — learn more here.
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.