OPEN-SOURCE SCRIPT

4X EMA and volume strategy

By SoftKill21
This is a strategy made from multiple types of EMA and volume(EOM).

This is a long only strategy.


EMA 1 = 13
EMA 2 = 21
EMA 3 = 50
EMA 4 = 180

In this case we have 2 options for entry:

1.We check that are candles are in ascending order and EOM is above 0 - > long, descending and eom<0 -> exit long

2.We check if we have a crossover between the first ema with the second and the third. Cross up -> long, crossdown -> exit long


If you have any questions let me know!

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SoftKill21

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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