OPEN-SOURCE SCRIPT
Regel-Checkliste & Trend-Scanner ( Global Strategy )
🔍 1. Trend Identification (M15 Framework)
The primary trend is determined using the 200 EMA on the M15 timeframe.
📈 Bullish Trend
• Price is above the 200 EMA
• Market structure shows higher highs and higher lows
• Only long positions are considered
📉 Bearish Trend
• Price is below the 200 EMA
• Market structure shows lower highs and lower lows
• Only short positions are considered
👉 The EMA 200 acts as a directional filter, not an entry signal.
The primary trend is determined using the 200 EMA on the M15 timeframe.
📈 Bullish Trend
• Price is above the 200 EMA
• Market structure shows higher highs and higher lows
• Only long positions are considered
📉 Bearish Trend
• Price is below the 200 EMA
• Market structure shows lower highs and lower lows
• Only short positions are considered
👉 The EMA 200 acts as a directional filter, not an entry signal.
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.