PROTECTED SOURCE SCRIPT
EMA Cross MTF Grid
It works with slow and fast EMA's. When the fast EMA is above the slow EMA the color is green. Overwise the color is red. The study checks this relation for 5 different timeframes. When all five timeframes shows the same signal (all red or all green) the alert is thrown.
The idea is the next:
- Buy when the slow EMA below the fast EMA on 5 timeframes
- Sell when the slow EMA above the fast EMA on 5 timeframes
- Close position when one of the timeframes changed its trend.
You can donate ETH (0xa961e3866f58c36aaef958714d4f75d9c081b8bc) if you want to thank me more than just a like or a comment.
The idea is the next:
- Buy when the slow EMA below the fast EMA on 5 timeframes
- Sell when the slow EMA above the fast EMA on 5 timeframes
- Close position when one of the timeframes changed its trend.
You can donate ETH (0xa961e3866f58c36aaef958714d4f75d9c081b8bc) if you want to thank me more than just a like or a comment.
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.
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.