OPEN-SOURCE SCRIPT
Sally's 9 EMA Strategy Local 3
A simple script to count the number of 1 min bars that close over or under the 9 ema. It starts displaying at the 2 min bar and indicates buy/sell on the 4 min bar. The idea is to wait for the 5th bar to close to confirm. If the sequence has a + next to the numbers it means that all the bars are trending in the same direction as well as over the 9 ema.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.