PROTECTED SOURCE SCRIPT
skX_ALT_EMAs Enhanced [1H]

An advanced EMA crossover system with dynamic ATR-based risk management, designed
for altcoin trading on the 1H timeframe. Combines trend following with momentum
and volume filters.
CORE COMPONENTS:
1. EMA System:
- 8 EMA (Fast): Primary signal line
- 21 EMA (Medium): Crossover reference
- 55 EMA (Slow): Trend filter
2. Multiple Filters:
- RSI (14): Prevents overbought/oversold entries
- Volume: Optional volume confirmation
- Trend Strength: EMA alignment check
3. Risk Management:
- Dynamic SL: Based on ATR (Average True Range)
- Dynamic TP: Risk:Reward based calculation
- Position entry markers
ENTRY CONDITIONS:
LONG:
- 8 EMA crosses above 21 EMA
- All EMAs aligned bullish (8 > 21 > 55)
- Price above 8 EMA
- RSI below 70 (not overbought)
- Optional: Volume > 1.5x average
SHORT:
- 8 EMA crosses below 21 EMA
- All EMAs aligned bearish (8 < 21 < 55)
- Price below 8 EMA
- RSI above 30 (not oversold)
- Optional: Volume > 1.5x average
RECOMMENDED SETTINGS:
- Timeframe: 1H
- ATR Period: 14
- ATR Multiplier: 1.5
- Risk:Reward: 2.0
- RSI Filter: ON
- Volume Filter: Optional (ON for low liquidity pairs)
VISUAL SIGNALS:
- Green Triangle: Long entry
- Red Triangle: Short entry
- Blue Line: Entry price
- Red Line: Stop Loss
- Green Line: Take Profit
- EMA Colors: Blue/Red for trend direction
for altcoin trading on the 1H timeframe. Combines trend following with momentum
and volume filters.
CORE COMPONENTS:
1. EMA System:
- 8 EMA (Fast): Primary signal line
- 21 EMA (Medium): Crossover reference
- 55 EMA (Slow): Trend filter
2. Multiple Filters:
- RSI (14): Prevents overbought/oversold entries
- Volume: Optional volume confirmation
- Trend Strength: EMA alignment check
3. Risk Management:
- Dynamic SL: Based on ATR (Average True Range)
- Dynamic TP: Risk:Reward based calculation
- Position entry markers
ENTRY CONDITIONS:
LONG:
- 8 EMA crosses above 21 EMA
- All EMAs aligned bullish (8 > 21 > 55)
- Price above 8 EMA
- RSI below 70 (not overbought)
- Optional: Volume > 1.5x average
SHORT:
- 8 EMA crosses below 21 EMA
- All EMAs aligned bearish (8 < 21 < 55)
- Price below 8 EMA
- RSI above 30 (not oversold)
- Optional: Volume > 1.5x average
RECOMMENDED SETTINGS:
- Timeframe: 1H
- ATR Period: 14
- ATR Multiplier: 1.5
- Risk:Reward: 2.0
- RSI Filter: ON
- Volume Filter: Optional (ON for low liquidity pairs)
VISUAL SIGNALS:
- Green Triangle: Long entry
- Red Triangle: Short entry
- Blue Line: Entry price
- Red Line: Stop Loss
- Green Line: Take Profit
- EMA Colors: Blue/Red for trend direction
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.