OPEN-SOURCE SCRIPT
Modulo Logic + EMA Strat

To understand this strategy first we need to look into the Modulo (%) operator. The modulo returns the remainder numerator
of a division's quotient (the result). If we do 5 / 3, we get 1 and 2/3 as a result, where the remainder is 2 (two thirds, in this case). This can be
used for many things, for example to determine when a number divides evenly into another number. If we divide 3/3, our result is 1,
with no remainder numerator, hence our modulo result is 0. In this strategy, we compare a given number (divisor, user defined) with the
the closing price of every candle (dividend, user defined) to determine if the result between their division is an even number.
If the answer is true, we have an entry signal. If this signal occurs below the EMA (length is defined by the user) we go short and
viceversa for longs. This logic can be reversed. In this case, the modulo works as a random-like filter for a moving average strategy
that usually struggles when the market is ranging and crosses are too often.
of a division's quotient (the result). If we do 5 / 3, we get 1 and 2/3 as a result, where the remainder is 2 (two thirds, in this case). This can be
used for many things, for example to determine when a number divides evenly into another number. If we divide 3/3, our result is 1,
with no remainder numerator, hence our modulo result is 0. In this strategy, we compare a given number (divisor, user defined) with the
the closing price of every candle (dividend, user defined) to determine if the result between their division is an even number.
If the answer is true, we have an entry signal. If this signal occurs below the EMA (length is defined by the user) we go short and
viceversa for longs. This logic can be reversed. In this case, the modulo works as a random-like filter for a moving average strategy
that usually struggles when the market is ranging and crosses are too often.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.