tux

TonyUX EMA Scalper - Buy / Sell

This is a simple scalping strategy that works for all time frames... I have only tested it on FOREX

It works by checking if the price is currently in an uptrend and if it crosses the 20 EMA .

If it crosses the 20 EMA and its in and uptrend it will post a BUY SIGNAL.
If it crosses the 20 EMA and its in and down it will post a SELL SIGNAL.

The red line is the highest close of the previous 8 bars --- This is resistance
The green line is the lowest close of the previous 8 bars -- This is support
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
study(title="Tony's EMA Scalper - Buy / Sell", shorttitle="TUX EMA Scalper", overlay=true)
len = input(20, minval=1, title="Length")
src = input(close, title="Source")
out = ema(src, len)
plot(out, title="EMA", color=blue)
last8h = highest(close, 8)
lastl8 = lowest(close, 8)

plot(last8h, color=red, linewidth=2)
plot(lastl8, color=green, linewidth=2)


bearish = cross(close,out) == 1 and close[1] > close 
bullish = cross(close,out) == 1 and close[1] < close 

plotshape(bearish, color=red, style=shape.arrowdown, text="Sell", location=location.abovebar)
plotshape(bullish, color=green, style=shape.arrowup, text="Buy", location=location.belowbar)

Kommentare

@tux On what time frame(s) would you recommend using this script?
+154 Antworten
mrsergioliveira GoldenRatioTA
@GoldenRatioTA, 1h you can make 150 -200pips by day
+13 Antworten
How do i create an alert to trigger every time the buy/sell flag shows?
+72 Antworten
wolf92s Amirfx216
@Amirfx216, You would need to do something using the alertcondition code.

For this it would look like this:
alertcondition(bearish == true, title="Buy Alert", message="Something to tell you to buy")
alertcondition(bullish == true, title="Sell Alert", message="Something to tell you to sell")

I haven't tried running that but to give you an idea on how to do it.
+14 Antworten
wolf92s wolf92s
Sorry don't know how to edit comment. I forgot to mention after you put that in you will have to go through and add alert, change the condition to the study, then select buy alert/sell alert (or whatever you name the titles)
+9 Antworten
Thank you all for the support on this script! I have been testing it with other indicators and code improvements and I believe I found a great combo.

Will be posting version 2 soon.
+46 Antworten
Awesome stuff. I am looking forward to version 2 as this has given great signals for me in combination with the Parabolic SAR indicator. Thanks for sharing.
Antworten
@mosoeu88, try with CPR and VWAP.
Antworten
How do i create an alert to trigger every time the buy/sell flag shows?
+29 Antworten
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