OPEN-SOURCE SCRIPT
9 EMA First Full Candle Entry + EMA Cross Exit (Strategy)
This strategy is designed to create a simple, mechanical trading system using only the 9 EMA on the 5-minute chart.
Entry Logic
A trade is entered on the first candle that closes completely on one side of the 9 EMA:
Long entry: the candle’s low is above the 9 EMA
Short entry: the candle’s high is below the 9 EMA
Only the first qualifying candle is used, preventing repeated entries during the same move.
Exit Logic
Once in a trade, the position is closed when price crosses back through the 9 EMA:
Long exits when price crosses below the EMA
Short exits when price crosses above the EMA
On the exit candle, the 9 EMA is highlighted yellow to clearly mark the exit point.
Visual Cues
Entry candle is colored yellow
EMA is normally orange and turns yellow on the exit candle only
No background shading, labels, or extra indicators
Purpose
This strategy is built to minimize decisions by:
Using a single timeframe (5-minute)
Using a single indicator (9 EMA)
Defining objective entry and exit rules
Designed for:
SPY and other highly liquid ETFs
Intraday trend continuation
Clean, rules-based execution with minimal discretion
Best performance is typically seen during strong trend periods and reduced during sideways or low-volatility conditions.
Entry Logic
A trade is entered on the first candle that closes completely on one side of the 9 EMA:
Long entry: the candle’s low is above the 9 EMA
Short entry: the candle’s high is below the 9 EMA
Only the first qualifying candle is used, preventing repeated entries during the same move.
Exit Logic
Once in a trade, the position is closed when price crosses back through the 9 EMA:
Long exits when price crosses below the EMA
Short exits when price crosses above the EMA
On the exit candle, the 9 EMA is highlighted yellow to clearly mark the exit point.
Visual Cues
Entry candle is colored yellow
EMA is normally orange and turns yellow on the exit candle only
No background shading, labels, or extra indicators
Purpose
This strategy is built to minimize decisions by:
Using a single timeframe (5-minute)
Using a single indicator (9 EMA)
Defining objective entry and exit rules
Designed for:
SPY and other highly liquid ETFs
Intraday trend continuation
Clean, rules-based execution with minimal discretion
Best performance is typically seen during strong trend periods and reduced during sideways or low-volatility conditions.
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。
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。