OPEN-SOURCE SCRIPT
Gangesh golden ema crossover
Logic Breakdown
Golden crossover (BUY):
EMA 20 crosses above EMA 50
EMA 50 above EMA 200 (trend confirmation)
Death crossover (SELL):
EMA 20 crosses below EMA 50
EMA 50 below EMA 200
Candlestick confirmation:
Bullish pattern (e.g., bullish engulfing)
Bearish pattern (e.g., bearish engulfing)
Signals:
Green dot → crossover only (buy)
Red dot → crossover only (sell)
Buy arrow → crossover + bullish pattern
Sell arrow → crossover + bearish pattern
Golden crossover (BUY):
EMA 20 crosses above EMA 50
EMA 50 above EMA 200 (trend confirmation)
Death crossover (SELL):
EMA 20 crosses below EMA 50
EMA 50 below EMA 200
Candlestick confirmation:
Bullish pattern (e.g., bullish engulfing)
Bearish pattern (e.g., bearish engulfing)
Signals:
Green dot → crossover only (buy)
Red dot → crossover only (sell)
Buy arrow → crossover + bullish pattern
Sell arrow → crossover + bearish pattern
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.