OPEN-SOURCE SCRIPT
Updated Larry Williams 3 Period EMAs strategy
Larry R. Williams explains this strategy in his book "Long-Term secrets to Short-Term trading", it consists of using two 3-period EMAs, one representing the Highs and the other the Lows.
When the price falls below the 3-period Lows EMA we have a long signal.
The trade is closed when the price closes above the 3-period Highs EMA .
BTCUSDT
When the price falls below the 3-period Lows EMA we have a long signal.
The trade is closed when the price closes above the 3-period Highs EMA .
BTCUSDTRelease Notes
Larry R. Williams explains this strategy in his book "Long-Term secrets to Short-Term trading", it consists of using two 3-period EMAs, one representing the Highs and the other the Lows.When the price falls below the 3-period Lows EMA we have a long signal.
The trade is closed when the price closes above the 3-period Highs EMA .
UPDATE 06/11/2021: No more Repaint.
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.