OPEN-SOURCE SCRIPT
EMA Pullback + ADX + CVD Divergence
EMA Pullback + ADX + CVD Divergence where i want to buy nifty when 9 ema over 20 ema
Updated Strategy Logic (Final Version)
✅ BUY only when:
9 EMA > 20 EMA
First pullback to EMA
ADX > threshold
✅ Bullish CVD divergence
Price making lower low
CVD making higher low
✅ SELL only when:
9 EMA < 20 EMA
Pullback
ADX strong
✅ Bearish CVD divergence
Price higher high
CVD lower high
Updated Strategy Logic (Final Version)
✅ BUY only when:
9 EMA > 20 EMA
First pullback to EMA
ADX > threshold
✅ Bullish CVD divergence
Price making lower low
CVD making higher low
✅ SELL only when:
9 EMA < 20 EMA
Pullback
ADX strong
✅ Bearish CVD divergence
Price higher high
CVD lower high
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.