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EMAs Crossover

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This Pine Script strategy identifies bullish and bearish crossovers among four EMAs (5, 13, 26, and 50 periods) with an additional alignment condition for the EMAs. It can generate alert when:

Bullish Condition: An EMA crossover occurs (5 crossing over 13, 13 over 26, or 26 over 50), and all the shorter-period EMAs are above the longer-period EMAs, indicating a strong upward trend.

Bearish Condition: An EMA crossunder happens (5 crossing under 13, 13 under 26, or 26 under 50), and all shorter EMAs are below the longer EMAs, suggesting a strong downward trend.

The strategy uses these conditions to enter long positions on bullish signals and short positions on bearish signals.
發行說明
This Pine Script strategy identifies bullish and bearish crossovers among four EMAs (5, 13, 26, and 50 periods) with an additional alignment condition for the EMAs. It can generate alert when:

Bullish Condition: An EMA crossover occurs (5 crossing over 13, 13 over 26, or 26 over 50), and all the shorter-period EMAs are above the longer-period EMAs, indicating a strong upward trend.

Bearish Condition: An EMA crossunder happens (5 crossing under 13, 13 under 26, or 26 under 50), and all shorter EMAs are below the longer EMAs, suggesting a strong downward trend.

It also annotates the chart with supporting indicator values.
發行說明
Update to show MACD trend for current and 4H timeframe as label in chart.

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