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
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。