OPEN-SOURCE SCRIPT
Custom EMA Structure break + Dual ORB + VWAP
If you want everything in 1 indicator instead of swapping Indicatiors this it for you.
*Built In EMA's (4 total) with custom selection to fit your style
*VWAP
*ORB x 2 (Set times and toggle on/off)
- Note: Make sure time selection matches with your chart time, This is set to Eastern time, but will not respect daylight savings.
I use this in a different style. I pair this with the NY Opening Orb for any instrument but I don't enter on cross... It's too late.
I specifically use the 9, 21 or 35, 50 and 200 along with Vwap. I look back and find out where price is respecting a specific EMA. Once I know where the respect is, I also not that above the 35 is small frame uptrend and below is small frame downtrend (Look @ CM EMA Trend Bars by Chris Moody as reference.)
Ill use the 5 min chart and enter on candle cross and close above/below an EMA. I'll stay in the trade as long as the price is respecting EMA9. Example would be to stay in on a "long" when the price action is staying above the 9. Once Price action crosses the 9, that's your exit.
A+ trades occur when VWAP and EMA200 are sloped in the same direction.
Use the Dots as reference for entries/Exits.
*Built In EMA's (4 total) with custom selection to fit your style
*VWAP
*ORB x 2 (Set times and toggle on/off)
- Note: Make sure time selection matches with your chart time, This is set to Eastern time, but will not respect daylight savings.
I use this in a different style. I pair this with the NY Opening Orb for any instrument but I don't enter on cross... It's too late.
I specifically use the 9, 21 or 35, 50 and 200 along with Vwap. I look back and find out where price is respecting a specific EMA. Once I know where the respect is, I also not that above the 35 is small frame uptrend and below is small frame downtrend (Look @ CM EMA Trend Bars by Chris Moody as reference.)
Ill use the 5 min chart and enter on candle cross and close above/below an EMA. I'll stay in the trade as long as the price is respecting EMA9. Example would be to stay in on a "long" when the price action is staying above the 9. Once Price action crosses the 9, that's your exit.
A+ trades occur when VWAP and EMA200 are sloped in the same direction.
Use the Dots as reference for entries/Exits.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.