OPEN-SOURCE SCRIPT
Mathias & Christer EMA
So this Strategy is my first at when writing it's not 100% finnished.
The strategy idé builds on EMA (9) being clearly over/under the EMA for some bars.
If the EMA is over this will make a triggerline that when EMA (1) crosses this line it signals a buy/sell.
I don't have a great TP or SL for this yet so as of now I'm only using oposit crossing of close for now.
Colors and indicators:
light green/red - indicates that EMA (9) has been crossed and that a new Triggerline is painted at that candles close position.
dark green/red and Up /down Arrow - indicats that the triggerline has been crossed and an order should be taken here.
green/red squares - are where the order closed.
purple line - EMA (9)
blue line - EMA (1)
The strategy idé builds on EMA (9) being clearly over/under the EMA for some bars.
If the EMA is over this will make a triggerline that when EMA (1) crosses this line it signals a buy/sell.
I don't have a great TP or SL for this yet so as of now I'm only using oposit crossing of close for now.
Colors and indicators:
light green/red - indicates that EMA (9) has been crossed and that a new Triggerline is painted at that candles close position.
dark green/red and Up /down Arrow - indicats that the triggerline has been crossed and an order should be taken here.
green/red squares - are where the order closed.
purple line - EMA (9)
blue line - EMA (1)
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