OPEN-SOURCE SCRIPT

Chandelier + BB + EMAS

Updated
In this strategy I am using the Emas and bollinger bands' width to determine the entry conditions:
Objetive of emas: Determine the current market trend
BB: Avoid low volatility market periods
Chandelier: Exit trades
Long Condition:
Once the fast moving average turns above the slow ma is first signal
Entry into the trade if the width crosses above the threshold set up by the user

Short condition: Exact opposite to long condition

Current idea is using an suppose capital of 1000 USD and paying commissions of 0.2%.
Educational purposes only at the time.
Release Notes
Titles added, colors changed
Moving AveragesVolatility

Open-source script

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 publication is governed by House rules. You can favorite it to use it on a chart.

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