OPEN-SOURCE SCRIPT

EMA Cross and MACD Signal Combined

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The rule is simple.

When MACD crosses up, it is supposed to give a buy signal. However, before entering into a Long position, there is a need for a confirmation. This confirmation can be from a down trendline breakout or from another indicator.

In this case, I've chosen the Exponential Moving Average Cross to be as the confirmation.

The Buy Signal will appear when there it fulfills the following conditions:-
i. The MACD line is above the Signal Line
ii. The fast EMA crosses the Slow EMA

The Sell signal will appears when the opposite of the above condition is met.

This indicator is meant for the Swing Trader whom would like to hold a position for a long time.
Notes de version
Adding in the title
Notes de version
Added Momentum EMA Level to determine possible rebound level with high momentum.
Notes de version
Added in a simple alert function to trigger when to Buy / Sell
Notes de version
Added in the alert function.
Notes de version
Changed title
Exponential Moving Average (EMA)Moving Average Convergence / Divergence (MACD)macdcross

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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