OPEN-SOURCE SCRIPT
Amit Eth Strategy
MACD + EMA18 Signal Strategy
This strategy combines momentum and trend-following concepts using MACD, EMA, and SMA for clean directional trading signals.
Strategy Logic
BUY Setup
A BUY signal is generated when:
MACD Line crosses above the Signal Line
Price closes above the 18 EMA
SELL Setup
A SELL signal is generated when:
MACD Line crosses below the Signal Line
Price closes below the 18 EMA
Exit Rules
For BUY Trades
Position exits when:
Price closes below SMA 10 Low
OR
MACD gives bearish crossover
For SELL Trades
Position exits when:
Price closes above SMA 10 High
OR
MACD gives bullish crossover
Features
Trend confirmation using EMA 18
Momentum confirmation using MACD crossover
Dynamic stop-loss using SMA 10
One trade at a time logic
Clean BUY & SELL signals only
Works well in trending markets
Best Timeframes
5 Min
15 Min
30 Min
1 Hour
Best Suitable For
Intraday Trading
Swing Trading
Index Trading
Stocks
Futures & Options Directional Trading
Risk Management
Always use proper position sizing and avoid overleveraging. This strategy performs best in trending markets and may produce false signals during sideways conditions.
Backtest before using in live markets.
This strategy combines momentum and trend-following concepts using MACD, EMA, and SMA for clean directional trading signals.
Strategy Logic
BUY Setup
A BUY signal is generated when:
MACD Line crosses above the Signal Line
Price closes above the 18 EMA
SELL Setup
A SELL signal is generated when:
MACD Line crosses below the Signal Line
Price closes below the 18 EMA
Exit Rules
For BUY Trades
Position exits when:
Price closes below SMA 10 Low
OR
MACD gives bearish crossover
For SELL Trades
Position exits when:
Price closes above SMA 10 High
OR
MACD gives bullish crossover
Features
Trend confirmation using EMA 18
Momentum confirmation using MACD crossover
Dynamic stop-loss using SMA 10
One trade at a time logic
Clean BUY & SELL signals only
Works well in trending markets
Best Timeframes
5 Min
15 Min
30 Min
1 Hour
Best Suitable For
Intraday Trading
Swing Trading
Index Trading
Stocks
Futures & Options Directional Trading
Risk Management
Always use proper position sizing and avoid overleveraging. This strategy performs best in trending markets and may produce false signals during sideways conditions.
Backtest before using in live markets.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.