OPEN-SOURCE SCRIPT
System 20/8
You can decide to trade with this very simple scenario. This system consists of 2 exponential moving averages ( EMA ) These are Ema 8 and Ema 20.
Recommended period is 4 hours.
When 8 Ema is above 20 Ema , positive zone and may be safer to trade. And the opposite is negative when it is.
This indicator is of course not a sufficient reason to decide on trading. It can only be one of the signals to guide.
Recommended period is 4 hours.
When 8 Ema is above 20 Ema , positive zone and may be safer to trade. And the opposite is negative when it is.
This indicator is of course not a sufficient reason to decide on trading. It can only be one of the signals to guide.
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.