OPEN-SOURCE SCRIPT
Aktualisiert SirSeff's EMA Rainbow
This strategy uses divergences between three exponential moving averages and their slope directions as well as crosses between the price and these moving averages to switch between a long or short position. The strategy is non-stop in the market and always either long or short.\
This trend trading strategy uses exponential moving averages of 10, 20, 50, 100, 150, 200 to gauge the price action cycle if it is on Stage 2 aka Mark up famously coined by Dr.Wykcoff.
It opens a position when the closing price crosses above the 10ema and all the exponential moving averages are stacked up together. Stacked-up Moving averages are used by Mark Minervini and Oliver Kell.
I close a position at an 8% trailing stop from the opened position which makes the succeeding buy orders as scaling up or averaging up from an established bullish trend.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
This trend trading strategy uses exponential moving averages of 10, 20, 50, 100, 150, 200 to gauge the price action cycle if it is on Stage 2 aka Mark up famously coined by Dr.Wykcoff.
It opens a position when the closing price crosses above the 10ema and all the exponential moving averages are stacked up together. Stacked-up Moving averages are used by Mark Minervini and Oliver Kell.
I close a position at an 8% trailing stop from the opened position which makes the succeeding buy orders as scaling up or averaging up from an established bullish trend.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Versionshinweise
Added entry words, Dips on 5ema and 10ema plotOpen-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.