SoftKill21

4X EMA and volume strategy

This is a strategy made from multiple types of EMA and volume ( EOM ).

This is a long only strategy.


EMA 1 = 13
EMA 2 = 21
EMA 3 = 50
EMA 4 = 180

In this case we have 2 options for entry:

1.We check that are candles are in ascending order and EOM is above 0 - > long, descending and eom<0 -> exit long

2.We check if we have a crossover between the first ema with the second and the third. Cross up -> long, crossdown -> exit long


If you have any questions let me know!

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

Thanks Softkill21

Always quality!
Reply
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