OPEN-SOURCE SCRIPT
Updated EMA2050150 Crossover Strategy#ganges
EMA 20-50-150 Crossover Strategy (TradingView - Pine Script v6)
Strategy Summary (Simple & Crisp)
🔹 Indicators Used:
EMA 20 (Blue) – Short-term trend
EMA 50 (Orange) – Mid-term trend
EMA 150 (Red) – Long-term trend
🔹 Trade Signals:
Golden Cross (Bullish) → EMA 50 crosses above EMA 150
Death Cross (Bearish) → EMA 50 crosses below EMA 150
Buy Signal → EMA 20 crosses above EMA 50
Sell Signal → EMA 20 crosses below EMA 50
🔹 Execution Rules:
✅ Enter Long when EMA 20 crosses above EMA 50 (if no open position).
✅ Exit Long when EMA 20 crosses below EMA 50.
🔹 Additional Features:
✔️ Works only within the set timeframe (1990-2069).
✔️ Plots EMA lines and trade signals on the chart.
This strategy helps in identifying trend shifts and trading opportunities using EMA crossovers. 🚀
Strategy Summary (Simple & Crisp)
🔹 Indicators Used:
EMA 20 (Blue) – Short-term trend
EMA 50 (Orange) – Mid-term trend
EMA 150 (Red) – Long-term trend
🔹 Trade Signals:
Golden Cross (Bullish) → EMA 50 crosses above EMA 150
Death Cross (Bearish) → EMA 50 crosses below EMA 150
Buy Signal → EMA 20 crosses above EMA 50
Sell Signal → EMA 20 crosses below EMA 50
🔹 Execution Rules:
✅ Enter Long when EMA 20 crosses above EMA 50 (if no open position).
✅ Exit Long when EMA 20 crosses below EMA 50.
🔹 Additional Features:
✔️ Works only within the set timeframe (1990-2069).
✔️ Plots EMA lines and trade signals on the chart.
This strategy helps in identifying trend shifts and trading opportunities using EMA crossovers. 🚀
Release Notes
EMA 20-50-150 Crossover Strategy (TradingView - Pine Script v6)Strategy Summary (Simple & Crisp)
🔹 Indicators Used:
EMA 20 (Blue) – Short-term trend
EMA 50 (Orange) – Mid-term trend
EMA 150 (Red) – Long-term trend
🔹 Trade Signals:
Golden Cross (Bullish) → EMA 50 crosses above EMA 150
Death Cross (Bearish) → EMA 50 crosses below EMA 150
Buy Signal → EMA 20 crosses above EMA 50
Sell Signal → EMA 20 crosses below EMA 50
🔹 Execution Rules:
✅ Enter Long when EMA 20 crosses above EMA 50 (if no open position).
✅ Exit Long when EMA 20 crosses below EMA 50.
🔹 Additional Features:
✔️ Works only within the set timeframe (1990-2069).
✔️ Plots EMA lines and trade signals on the chart.
This strategy helps in identifying trend shifts and trading opportunities using EMA crossovers. 🚀
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 publication is governed by House rules. You can favorite it to use it on a chart.
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