OPEN-SOURCE SCRIPT

Signals from Pawel

Signals from Pawel is a trend-following indicator that generates buy and sell signals aligned with the prevailing trend, highlighting the principle: "Trend is your friend." Signals are triggered after a trend change is confirmed, using EMA crossovers (100 and 200 periods) as key indicators. When EMAs are widely separated, it indicates stronger trends with higher profit potential. Conversely, as EMAs converge, the trend weakens, increasing the likelihood of smaller gains or stop-loss triggers. For best results, prioritize signals shortly after a trend reversal, when EMA separation is more pronounced.

This indicator is optimized for the 5-minute timeframe on XAU/USD but may also be effective for other currency pairs and timeframes.
5minuteschartbuysellbuysellsignaldaytradingExponential Moving Average (EMA)scalpingsignalsignalsTrend Analysistrendtrading

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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