OPEN-SOURCE SCRIPT

MicuRobert EMA Cross Strategy

3 578
This is a repost of a old strategy that cant be updated anymore, it was a request for a user made in Oct, 6, 2015

Pine Script®
Here's a possible engaging description for the tradingview script: **MicuRobert EMA Cross V2: A Powerful Trading Strategy** Join the ranks of successful traders with this advanced strategy, designed to help you profit from market trends. The MicuRobert EMA Cross V2 combines two essential indicators - Exponential Moving Average (EMA) and Divergence EMA (DEMA) - to generate buy and sell signals. **Key Features:** * **Trading Session Filter**: Only trade during your preferred session, ensuring you're in sync with market conditions. * **Trailing Stop**: Automatically adjust stop-loss levels to lock in profits or limit losses. * **Customizable Trade Size**: Set the size of each trade based on your risk tolerance and trading goals. **How it Works:** The script uses two EMAs (5-period and 34-period) to identify trends. When the shorter EMA crosses above the longer one, a buy signal is generated. Conversely, when the shorter EMA falls below the longer one, a sell signal is triggered. The strategy also incorporates divergence analysis between price action and the EMAs. **Visual Aids:** * **EMA Plots**: Visualize the two EMAs on your chart to gauge market momentum. * **Buy/Sell Signals**: See when buy or sell signals are generated, along with their corresponding entry prices. * **Trailing Stop Lines**: Monitor stop-loss levels as they adjust based on price action. **Get Started:** Download this script and start trading like a pro! With its robust features and customizable settings, the MicuRobert EMA Cross V2 is an excellent addition to any trader's arsenal.

~Llama3

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