TonyInBarnet

5-8 EMA Cross with added 20 EMA

This is a simple EMA cross script to get into trades early using a 5/8 EMA cross but also allows you to filter out risky trades using the 20 EMA . For long trades the cross is not a valid signal if it occurs below the 20 EMA and vice versa.
Release Notes: Corrected error in crossover for the script. Now shows 5-8 crossover properly
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.

Want to use this script on a chart?

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out