OPEN-SOURCE SCRIPT
HSI Long & Short: BG + EMA330
Strategy: HSI 5-min mean-reversion with EMA10/20 crossover and EMA330 filter.
Background green (EMA10 > EMA20) or red (EMA10 < EMA20).
Long entry: Background turns green AND price below EMA330.
Short entry: Background turns red AND price above EMA330.
Exit long: Background turns red.
Exit short: Background turns green.
No new entries 15:01–16:00 HKT.
Reverses position on signals; 100% equity per trade.
Background green (EMA10 > EMA20) or red (EMA10 < EMA20).
Long entry: Background turns green AND price below EMA330.
Short entry: Background turns red AND price above EMA330.
Exit long: Background turns red.
Exit short: Background turns green.
No new entries 15:01–16:00 HKT.
Reverses position on signals; 100% equity per trade.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.