20 EMA Daytrading Strategy

20 EMA Daytrading Strategy

This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%.

  • When a green candle crosses above 20 EMA
  • Followed by another green candle which closes above the previous candle high

  • When a red candle crosses below 20 EMA
  • Followed by another red candle which closes below the previous candle low

Stop loss at ATR + 5
Take Profit at 1.3R
Open-source script

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