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EMA Grid + Martingale Strategy (Long-Only) with CooldownTitle: EMA Grid + Martingale Strategy (Long-Only) with Cooldown Short Summary: A long-only strategy combining EMA trend filters, grid-based entries, optional martingale sizing, and a cooldown feature to manage position timing and exits. Full Description: This strategy uses a 4-EMA trend confirmation system to detect bullish momentum, then deploys a grid-style entry method with optional martingale position sizing. It includes a cooldown mechanism to prevent reentry too soon after a completed trade cycle. How It Works 1. Trend Confirmation: Two EMA groups (fast/slow) determine whether market conditions are bullish. 2. Initial Entry: A new position is entered when both EMA groups confirm an uptrend and no position is currently active. 3. Grid Entries: Additional long entries are placed when price drops by a defined pip distance from the last entry, respecting the maximum number of entries. 4. Martingale Sizing (Optional): Grid orders can increase in size with each level using a customizable multiplier. 5. Weighted-Average Exit: All positions close once price reaches or exceeds the average entry price plus a buffer. 6. Cooldown Timer: After closing a position set, the strategy waits a defined number of bars before opening a new grid. Key Features • 4 customizable EMAs for trend confirmation. • Dynamic grid-style long entries based on pip intervals. • Optional martingale-style position sizing. • Weighted-average price exit logic with buffer control. • Cooldown bar period to limit overtrading. • Suitable for optimization and backtesting with full control over inputs. Use Cases • Designed for trending markets where pullbacks present entry opportunities. • Helps manage staged entries while avoiding premature reentry. • Ideal for testing martingale and grid-based strategies with exit precision. Note: This strategy is for testing and educational purposes only. It does not guarantee profits and is not financial advice.
Pine Script® strategy
by Dreeco7
EMA Grid + Martingale Indicator (Long-Only)Title: EMA Grid + Martingale Indicator (Long-Only) Short Summary: A 4-EMA trend filter combined with a grid-based entry system and optional martingale sizing to visualize staged long entries and exits in bullish markets. Full Description: This indicator combines a 4-EMA trend filter with a grid-based entry system and optional martingale-style position sizing to help traders visualize staged long entries and exits in trending markets. How It Works 1. Trend Detection: Uses two sets of EMAs (fast/slow pairs) to confirm bullish momentum. A long signal is generated when both EMA groups align in an uptrend. 2. Grid Entries: After the initial long entry, additional grid levels are triggered every time price drops by the specified grid step (in pips). 3. Martingale Sizing (Optional): Each subsequent entry can increase in size based on the defined martingale factor. 4. Weighted-Average Exit: Calculates the weighted average of all grid entries and signals an exit when the price reaches or surpasses this level plus an optional buffer. Key Features • 4 EMA Trend Filter with fully customizable lengths. • Dynamic grid entries with visual labels (L1, L2, etc.). • Optional martingale position sizing. • Weighted-average exit with adjustable buffer. • Customizable parameters for EMAs, grid steps, max entries, and buffer pips. • Clear chart visualization of EMAs and entry/exit levels. Use Cases • For traders using cost-averaging or grid strategies in bullish markets. • Visualizes multiple entry levels and profit targets. • Useful for backtesting and strategy planning. Note: This indicator is for visualization and planning purposes only. It does not execute trades automatically. It does not guarantee profits and is not financial advice.
Pine Script® indicator
by Dreeco7