The script determines and plots entry points for 1 hour S&P index using 8/34 emas and . When 8 above/below 34 up/down crosses of are considered as long/short entries. Entry prices should be above/below high/low of the signal bars accordingly. can be used as extra filtering.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.