PROTECTED SOURCE SCRIPT
ROPSON AI Ultra 3.27
How It Takes a Long (Buy) Position
The code will only enter a long position when two conditions are met simultaneously. Both must be true for a buy signal to be generated:
The current candle's close price crosses above the previous candle's high. This is the breakout signal. It indicates strong upward momentum.
The current candle's close price is above the 200 EMA. This is the trend filter. The 200 EMA (Exponential Moving Average) is a widely used indicator for long-term trend. If the price is above it, the market is considered to be in an uptrend.
By requiring both conditions, the strategy aims to enter trades that have both short-term momentum (the breakout) and long-term trend confirmation (the EMA filter).
How It Takes a Short (Sell) Position
Similarly, a short position is only entered when both of these conditions are true at the same time:
The current candle's close price crosses below the previous candle's low. This is the breakdown signal, indicating strong downward momentum.
The current candle's close price is below the 200 EMA. This confirms that the market is in a downtrend.
The code will only enter a long position when two conditions are met simultaneously. Both must be true for a buy signal to be generated:
The current candle's close price crosses above the previous candle's high. This is the breakout signal. It indicates strong upward momentum.
The current candle's close price is above the 200 EMA. This is the trend filter. The 200 EMA (Exponential Moving Average) is a widely used indicator for long-term trend. If the price is above it, the market is considered to be in an uptrend.
By requiring both conditions, the strategy aims to enter trades that have both short-term momentum (the breakout) and long-term trend confirmation (the EMA filter).
How It Takes a Short (Sell) Position
Similarly, a short position is only entered when both of these conditions are true at the same time:
The current candle's close price crosses below the previous candle's low. This is the breakdown signal, indicating strong downward momentum.
The current candle's close price is below the 200 EMA. This confirms that the market is in a downtrend.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。