OPEN-SOURCE SCRIPT

255 EMA Strategy

Actualizado
//--- From 15 Trading Examples by Trader Alyx ---
// Seems like this strategy works better if we reverse the EMA filter logic.

// "Description: This basic scalping strategy allows you to enter the market based upon sentiment
// provided by the EMA, set at 255 periods. When price is trading below the 255 EMA, you would
// look to enter a LONG BUY positions, and when price is trading above the 255 EMA, you would
// look to enter a SELL SHORT position. The MACD lagging indicator will show you clear signals for
// when to do this. When the MACD lines cross in a bullish manner and price is below the 255
// EMA, buy. When the MACD lines cross in a bearish manner and price is above the 255 EMA,
// sell.
// NOTE: Make sure that price is trading away from the 255EMA before entering a LONG or SHORT
// position. As you can see in the chart below, the clearest signs for trade entry were presented
// when price was trading AWAY from the 255EMA"
Notas de prensa
Tweaked levels
Notas de prensa
Tweaked levels
Notas de prensa
Changed Initial Capital amount
Exponential Moving Average (EMA)Moving Average Convergence / Divergence (MACD)

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