OPEN-SOURCE SCRIPT
EMA55 Rule - Divine
It's base on EMA and RSI.
Default Settings :
EMA (H): 55
EMA (L): 55
RIS (50)
OverBought: 52
OverSold: 48
Rule For Buy :
Ready for BUY when it's cross above 55 EMA (Source is "High", Offset is "0").
RSI Must be amove 52 when the price is amove 55 EMA(H).
Buy it. with stoploss. (Stoploss Must be previous cable's low or base on your risk capacity.)
Rule For Buy :
Ready for BUY when it's cross below 55 EMA (Source is "Low", Offset is "0").
RSI Must be below 48 when the price is below 55 EMA(L).
SELL it. with stoploss. (Stoploss Must be previous cable's High or base on your risk capacity.)
Happy Trading :)
If any other modification you need, you can comment below.
Thanks,
Rakesh Patel (WhatsApp No : +91-09137021887)
Default Settings :
EMA (H): 55
EMA (L): 55
RIS (50)
OverBought: 52
OverSold: 48
Rule For Buy :
Ready for BUY when it's cross above 55 EMA (Source is "High", Offset is "0").
RSI Must be amove 52 when the price is amove 55 EMA(H).
Buy it. with stoploss. (Stoploss Must be previous cable's low or base on your risk capacity.)
Rule For Buy :
Ready for BUY when it's cross below 55 EMA (Source is "Low", Offset is "0").
RSI Must be below 48 when the price is below 55 EMA(L).
SELL it. with stoploss. (Stoploss Must be previous cable's High or base on your risk capacity.)
Happy Trading :)
If any other modification you need, you can comment below.
Thanks,
Rakesh Patel (WhatsApp No : +91-09137021887)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.