OPEN-SOURCE SCRIPT
EMA 21 + MacD + RSI + Alma
Setting
EMA 21 = Green
EMA 9 = yellow
MacD = 5 35 5
RSI = 10
Alma 20 0.8 8
RULES
Long:
1. EMA 9 below 21
2. RSI above 50 from Oversold
3. Macd Solid green
4. SL @ ALMA
5. Conditional buy limit order @ top wick
6. 1:3 RR
Short:
1. EMA 9 above 21
2. RSI below 50 from Overbought
3. Macd Solid red
4. SL @ ALMA
5. Conditional sell limit order @ bottom wick
6. 1:3 RR
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.