EMA + Fibonacci Pivot Break Strategy
It supports both long and short entries.
Entry: A single bullish candle must open at or below both the EMA and selected long pivot, then close above both. Shorts use the inverse conditions: a bearish candle opens at or above both levels and closes below both.
Pivots: Fibonacci pivots are the default, using the previous completed pivot period. You can switch to Traditional pivots, choose the pivot timeframe, and select breakout levels; defaults are R1 for longs and S1 for shorts.
Risk: Default stop is the signal candle’s low/high, with an optional tick buffer. Alternatively, use an ATR-based stop. The take-profit defaults to 2R and is adjustable.
Time filter: Optional and off by default. When enabled, it uses the chosen session and timezone; the default timezone is UTC.
Execution: The strategy is configured to enter on the signal candle’s close. The prior-period pivot calculation avoids using unfinished higher-timeframe candles.
Entry: A single bullish candle must open at or below both the EMA and selected long pivot, then close above both. Shorts use the inverse conditions: a bearish candle opens at or above both levels and closes below both.
Pivots: Fibonacci pivots are the default, using the previous completed pivot period. You can switch to Traditional pivots, choose the pivot timeframe, and select breakout levels; defaults are R1 for longs and S1 for shorts.
Risk: Default stop is the signal candle’s low/high, with an optional tick buffer. Alternatively, use an ATR-based stop. The take-profit defaults to 2R and is adjustable.
Time filter: Optional and off by default. When enabled, it uses the chosen session and timezone; the default timezone is UTC.
Execution: The strategy is configured to enter on the signal candle’s close. The prior-period pivot calculation avoids using unfinished higher-timeframe candles.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.