PROTECTED SOURCE SCRIPT
EMA Strategy (8,13,21)
A strategy using 4 EMA lines.
The purchase is made when the price is above all lines, there is a slight correction in prices touching the average of 8 periods, this is the time for the purchase. The sale happens in the same way with the price below the average.
Closing happens when the price touches the average of 21 periods.
The average of 48 periods is to check the main trend, so in this way do not execute any order that is against the primary movement.
The purchase is made when the price is above all lines, there is a slight correction in prices touching the average of 8 periods, this is the time for the purchase. The sale happens in the same way with the price below the average.
Closing happens when the price touches the average of 21 periods.
The average of 48 periods is to check the main trend, so in this way do not execute any order that is against the primary movement.
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.