rwestbrookjr

CCI + EMA with RSI Cross Strategy

rwestbrookjr Updated   
This strategy uses the CCI + 2 RSIs + 2 EMAs to generate trade signals. Trades are only taken during the normal trading session and all open trades are closed 15 min before the close of the current session. A trailing stop loss is used and is customizable.

Not trading advice, use at your own risk.
Release Notes:
Updated name and title to be more accurate.
Release Notes:
Updated default stop loss to reflect best starting point.
Release Notes:
Minor cleanups and better labeling of inputs.
Release Notes:
Added crosses to indicate trailing stop position. Also set for orders to fire on close of trigger bar and not the bar after.
Release Notes:
Modified default values for CCI Cutoff and Trail Loss settings for current max profit on 5 min chart (SPY).
Changed Trailing Stop track point from Close to SlowEMA (20 period).
Fixed a bug in display of current Stop Loss indicator so that only shows for valid trade. Previously would show stop loss for a long trade when short and vice versa.
Release Notes:
Corrected error in stop price calculation.
Release Notes:
Updated entry conditions.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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