OPEN-SOURCE SCRIPT
RJM Indicator for 10EMA Swing trade strategy
Mis à jour
Indicator for a 10ema trading strategy.
Green triangle below a candle indicates a bearish candle that closed above the 10ema. Indicates it may be a good time to go long on this stock. Entry could be a stop limit buy above the high of the candle that triggered the indicator. Stop could be set below the 10ema line, and the low of the candle.
Red triangle above a candle indicates a bullish candle that closed below the 10ema. Indicates it may be a good time to go short on this stock. Entry could be a stop limit sell below the low of the candle that triggered the indicator. Stop could be set above the 10ema and the high of the candle.
Generally, look to setup based on the first candle that triggers the indicator in a given direction. Target is generally 1.2R above entry (where R = Entry Price - Stop Price)
When deciding whether to take the trade, keep in mind any other support/resistance levels that may be evident between your entry price and your target price.
Only trade within your own risk tolerance. Always use stops. Remember you are the one clicking the buttons - take responsibility for your own trades, and as with any strategy, make sure you backtest it before trading live.
Green triangle below a candle indicates a bearish candle that closed above the 10ema. Indicates it may be a good time to go long on this stock. Entry could be a stop limit buy above the high of the candle that triggered the indicator. Stop could be set below the 10ema line, and the low of the candle.
Red triangle above a candle indicates a bullish candle that closed below the 10ema. Indicates it may be a good time to go short on this stock. Entry could be a stop limit sell below the low of the candle that triggered the indicator. Stop could be set above the 10ema and the high of the candle.
Generally, look to setup based on the first candle that triggers the indicator in a given direction. Target is generally 1.2R above entry (where R = Entry Price - Stop Price)
When deciding whether to take the trade, keep in mind any other support/resistance levels that may be evident between your entry price and your target price.
Only trade within your own risk tolerance. Always use stops. Remember you are the one clicking the buttons - take responsibility for your own trades, and as with any strategy, make sure you backtest it before trading live.
Notes de version
Indicator for a 10ema trading strategy.Green triangle below a candle indicates a bearish candle that closed above the 10ema. Indicates it may be a good time to go long on this stock. Entry could be a stop limit buy above the high of the candle that triggered the indicator. Stop could be set below the 10ema line, and the low of the candle.
Red triangle above a candle indicates a bullish candle that closed below the 10ema. Indicates it may be a good time to go short on this stock. Entry could be a stop limit sell below the low of the candle that triggered the indicator. Stop could be set above the 10ema and the high of the candle.
Generally, look to setup based on the first candle that triggers the indicator in a given direction. Target is generally 1.2R above entry (where R = Entry Price - Stop Price)
When deciding whether to take the trade, keep in mind any other support/resistance levels that may be evident between your entry price and your target price.
Only trade within your own risk tolerance. Always use stops. Remember you are the one clicking the buttons - take responsibility for your own trades, and as with any strategy, make sure you backtest it before trading live.
25/8/2023 - updated to fix bug where a bull signal was shown when open and close prices are the same.
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.
Vous voulez utiliser ce script sur un graphique ?
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.