OPEN-SOURCE SCRIPT
Short on EMA 50 & VWAP Breakdown
We can create a strategy in Pine Script that executes a short trade whenever the price crosses below both EMA 50 and VWAP and then set a 1:3 risk-reward ratio (fixed stop-loss and take-profit).
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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