OPEN-SOURCE SCRIPT
Clean 620 Entry
A clean implementation of Gil Morales' well-known 620 intraday timing method. Designed to help traders identify potential entry and exit points using a combination of short-term trend shifts and momentum changes on a 5-minute chart.
Core Components
6-period EMA
20-period EMA
MACD (6,20,9)
Optional VWAP confirmation
Bullish Signals
6 EMA crosses above 20 EMA
MACD turns positive
Momentum begins to improve
Can be used to confirm long entries near key support levels
Bearish Signals
6 EMA crosses below 20 EMA
MACD turns negative
Momentum begins to weaken
Can be used to confirm exits or short-sale entries near resistance
Best Use
The 620 is intended as a timing tool rather than a standalone trading system. It works best when combined with higher-timeframe analysis, support and resistance levels, volume analysis, and overall market context.
Disclaimer
This indicator is provided for educational and informational purposes only and should not be considered financial advice. Always perform your own due diligence and risk management before making trading
Core Components
6-period EMA
20-period EMA
MACD (6,20,9)
Optional VWAP confirmation
Bullish Signals
6 EMA crosses above 20 EMA
MACD turns positive
Momentum begins to improve
Can be used to confirm long entries near key support levels
Bearish Signals
6 EMA crosses below 20 EMA
MACD turns negative
Momentum begins to weaken
Can be used to confirm exits or short-sale entries near resistance
Best Use
The 620 is intended as a timing tool rather than a standalone trading system. It works best when combined with higher-timeframe analysis, support and resistance levels, volume analysis, and overall market context.
Disclaimer
This indicator is provided for educational and informational purposes only and should not be considered financial advice. Always perform your own due diligence and risk management before making trading
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.