TradZoo - EMA Crossover Indicator

Description:
This EMA Crossover Trading Strategy is designed to provide precise Buy and Sell signals with confirmation, defined targets, and stop-loss levels, ensuring strong risk management. Additionally, a 30-candle gap rule is implemented to avoid frequent signals and enhance trade accuracy.

📌 Strategy Logic
✅ Exponential Moving Averages (EMAs):
Uses EMA 50 & EMA 200 for trend direction.
Buy signals occur when price action confirms EMA crossovers.

✅ Entry Confirmation:
Buy Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes above the previous candle’s close.
Sell Signal: Occurs when either the current or previous candle touches the 200 EMA, and the next candle closes below the previous candle’s close.

✅ 30-Candle Gap Rule:
Prevents frequent entries by ensuring at least 30 candles pass before the next trade.
Improves signal quality and prevents excessive trading.

🎯 Target & Stop-Loss Calculation

✅ Buy Position:
Target: 2X the difference between the last candle’s close and the lowest low of the last 2 candles.
Stop Loss: The lowest low of the last 2 candles.

✅ Sell Position:
Target: 2X the difference between the last candle’s close and the highest high of the last 2 candles.
Stop Loss: The highest high of the last 2 candles.

📊 Visual Features
✅ Buy & Sell Signals:
Green Upward Arrow → Buy Signal
Red Downward Arrow → Sell Signal

✅ Target Levels:
Green Dotted Line: Buy Target
Red Dotted Line: Sell Target

✅ Stop Loss Levels:
Dark Red Solid Line: Stop Loss for Buy/Sell

💡 How to Use
🔹 Ideal for trend-following traders using EMAs.
🔹 Works best in volatile & trending markets (avoid sideways ranges).
🔹 Can be combined with RSI, MACD, or price action levels for added confluence.
🔹 Recommended timeframes: 1M, 5M, 15m, 1H, 4H, Daily (for best results).

🚀 Try this strategy and enhance your trading decisions with structured risk management!