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Buyingopportunity

Moving Average Exponential crossover with bullish RSI signalsWhen the market is giving the signals for bullish trend, which shows the shorter period exponential(20) moving average crossing the longer period moving average(50), with a strength shown in the market i.e. RSI greater than 40. So when all these conditions are met a buy signal is generated in output (Output of Ema cross and Rsi) having value as 1. So a trader can enter into a long position when the value is 1 and exits a stock when value is 0. This script is not to be used for selling the stocks in downtrend
Pine Script® indicator
by princedhadwal
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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