OPEN-SOURCE SCRIPT

EMA Pro

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Hi Traders!

This Improved EMA Cross Pro Indicator does a few things that Ease Up Our Charting.
Personally it Saved me Tons of Time searching for structure highs / lows, measuring ranges and distances from my entry to stop or take profit.
It's like having most of your trade in front of you, charted for you.
Works Across Assets & Time Frames.

The Functions

1. Signals EMA Crosses - green for Bull Cross & Red for Bear Cross

2. Signals Touches to the 55 EMA
a. In a Bull Cross it will only signal touches and closes Above the 55
b. In a Bear Cross it will only signal touches and closes Under the 55

3. Plots Current Horizontals:
a. The current position of the 55
b. The last High & Low

4. Calculation:
a. % from the 55 to the High & Low
b. Risk / Reward Ratio ("Bad Risk Management" message appears if ratio is not favorable)
c. Over Range between the Low and the High

5. Labels - Current prices for all horizontals marked as Entry, Exit & Stop

Notes:
* This Indicator is Interchanging between bull and bear crosses, it recognizes the trend and adapts its high and low output.
* You Can and Should make your personal changes. everything can be changed in the settings inputs.
* You can Turn On & Off most functions in the settings inputs.
BTCUSDT.P
Notes de version
Hi Traders!

This Improved EMA Cross Pro Indicator does a few things that Ease Up Our Charting.
Personally it Saved me Tons of Time searching for structure highs / lows, measuring ranges and distances from my entry to stop or take profit.
It's like having most of your trade in front of you, charted for you.
Works Across Assets & Time Frames.

The Functions

1. Signals EMA Crosses - green for Bull Cross & Red for Bear Cross

2. Signals Touches to the 55 EMA
a. In a Bull Cross it will only signal touches and closes Above the 55
b. In a Bear Cross it will only signal touches and closes Under the 55

3. Plots Current Horizontals:
a. The current position of the 55
b. The last High & Low

4. Calculation:
a. % from the 55 to the High & Low
b. Risk / Reward Ratio ("Bad Risk Management" message appears if ratio is not favorable)
c. Over Range between the Low and the High

5. Labels - Current prices for all horizontals marked as Entry, Exit & Stop

6. Alerts - You can choose at the alerts tab the 'EMA Pro' alerts.
Choose your asset and time frame and set the alert.
It will signal crosses between EMA's and potential Entry Signals for Longs & Shorts.

Notes:
* This Indicator is Interchanging between bull and bear crosses, it recognizes the trend and adapts its high and low output.
* You Can and Should make your personal changes. everything can be changed in the settings inputs.
* You can Turn On & Off most functions in the settings inputs.
*YOU CAN NOW SET ALERTS.
Notes de version
Added Alerts for Take Profit & Stop Loss
Notes de version
Choose in the Settings Which Alerts You Want On and Off.
calculationcrossoverExponential Moving Average (EMA)EMASlablemultitimeframerangessignalsTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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