Updated
Simple EMA20 Strategy + Stochastic
This is a Trend Following Strategy.
The intent of this strategy is to catchthe price as it trends higher than the 20-period EMA and sell immediately after the price closes below it.
I have implemented calculations from Stochastic to make sure the price is coming from an oversold area.
There is also a check to see if the 20-period EMA is trending higher than before.
The intent of this strategy is to catchthe price as it trends higher than the 20-period EMA and sell immediately after the price closes below it.
I have implemented calculations from Stochastic to make sure the price is coming from an oversold area.
There is also a check to see if the 20-period EMA is trending higher than before.
Release Notes
Added option for short entries.Release Notes
Correction
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.
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.