PROTECTED SOURCE SCRIPT
Updated EMA 9 Cross EMA 30 with Price [algo_aakash]
This indicator generates buy and sell signals based on the 9 EMA crossing above or below the 30 EMA, with additional conditions for candle closure.
Buy Signal Setup:
9 EMA crosses above the 30 EMA
Candle closes above both EMAs
The closing price of the candle should be near the 30 EMA (if too far, the signal becomes invalid).
Stop-Loss: Set below the candle's low, with a small buffer.
Target: 1:2 risk-reward ratio.
Sell Signal Setup:
9 EMA crosses below the 30 EMA
Candle closes below both EMAs
Stop-Loss: Set above the candle's high.
Target: 1:2 risk-reward ratio.
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Buy Signal Setup:
9 EMA crosses above the 30 EMA
Candle closes above both EMAs
The closing price of the candle should be near the 30 EMA (if too far, the signal becomes invalid).
Stop-Loss: Set below the candle's low, with a small buffer.
Target: 1:2 risk-reward ratio.
Sell Signal Setup:
9 EMA crosses below the 30 EMA
Candle closes below both EMAs
Stop-Loss: Set above the candle's high.
Target: 1:2 risk-reward ratio.
🚀 Need Custom Trading Solutions?
We provide:
Algo Development
TradingView Indicator Development
MetaTrader (MT4/MT5) Development
📞 Contact Us:
WhatsApp/DM: +91 7620658346
Release Notes
UpdatedProtected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – 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.