OPEN-SOURCE SCRIPT
EMA BANDS

//Trades have been checked periodically on daily charts with normal, basically, you'll set in trades for weeks, months, and years in some cases depending on the time frame and strategy you use, DO NOT TRADE ON MARGIN INTEREST WILL RUIN YOU.
//You can use the strategies on lower timeframes, however, you'll need to be able to execute trades during all market hours if you choose anything less than a daily.
//You MUST stay in your trade until the very end. that means even if you open the trade and you're super in red DON'T DUMP.
//Set stop losses to no more than 50% of your entry price. Less is better but understand that you may be stomped out of a trade that could reverse after a 40-49% pullback.
//I suggest you pull initial capital out after you 2x to lock in your profit.
//You must also have the ability to sell/buy after market hours, you'll make your trades generally one-two hours post-market in most cases.
//The green line gives a simple average of the last 1618 candles. The further price action is from the mean, the more the price will be pulled back. (Ideally)
//Strategy One (Safe/Slow)
//Buy when the closing price is less than the lower bounds of all bands. This does not include the green "Mean" line
//Sell when the closing price is greater than the upper bounds of all bands. Again, this does not include the green "Mean" line
//Strategy Two (Neutral)
//Buy when the closing price is less than the bounds of 3-4 out of the 4 bands.
//Sell when the closing price is greater than the bounds of 3-4 out of the 4 bands.
//This means that you execute trades even if the closing price is still within one band.
//You'll still execute orders even if the closing price is outside of all bands
//Strategy Three (Least Safe/Fast)
//Buy when the closing price is less than the bounds of 2-4 out of the 4 bands.
//Sell when the closing price is greater than the bounds of 2-4 out of the 4 bands.
//This means that you execute trades even if the closing price is still within two bands.
//You'll still execute orders even if the closing price is outside of all bands
//You'll still execute orders even if the closing price is outside of 3 of 4 bands
//You can use the strategies on lower timeframes, however, you'll need to be able to execute trades during all market hours if you choose anything less than a daily.
//You MUST stay in your trade until the very end. that means even if you open the trade and you're super in red DON'T DUMP.
//Set stop losses to no more than 50% of your entry price. Less is better but understand that you may be stomped out of a trade that could reverse after a 40-49% pullback.
//I suggest you pull initial capital out after you 2x to lock in your profit.
//You must also have the ability to sell/buy after market hours, you'll make your trades generally one-two hours post-market in most cases.
//The green line gives a simple average of the last 1618 candles. The further price action is from the mean, the more the price will be pulled back. (Ideally)
//Strategy One (Safe/Slow)
//Buy when the closing price is less than the lower bounds of all bands. This does not include the green "Mean" line
//Sell when the closing price is greater than the upper bounds of all bands. Again, this does not include the green "Mean" line
//Strategy Two (Neutral)
//Buy when the closing price is less than the bounds of 3-4 out of the 4 bands.
//Sell when the closing price is greater than the bounds of 3-4 out of the 4 bands.
//This means that you execute trades even if the closing price is still within one band.
//You'll still execute orders even if the closing price is outside of all bands
//Strategy Three (Least Safe/Fast)
//Buy when the closing price is less than the bounds of 2-4 out of the 4 bands.
//Sell when the closing price is greater than the bounds of 2-4 out of the 4 bands.
//This means that you execute trades even if the closing price is still within two bands.
//You'll still execute orders even if the closing price is outside of all bands
//You'll still execute orders even if the closing price is outside of 3 of 4 bands
Mã nguồn mở
Theo đúng tinh thần TradingView, người tạo ra tập lệnh này đã biến tập lệnh thành mã nguồn mở để các nhà giao dịch có thể xem xét và xác minh công năng. Xin dành lời khen tặng cho tác giả! Mặc dù bạn có thể sử dụng miễn phí, nhưng lưu ý nếu đăng lại mã, bạn phải tuân theo Quy tắc nội bộ của chúng tôi.
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Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Mã nguồn mở
Theo đúng tinh thần TradingView, người tạo ra tập lệnh này đã biến tập lệnh thành mã nguồn mở để các nhà giao dịch có thể xem xét và xác minh công năng. Xin dành lời khen tặng cho tác giả! Mặc dù bạn có thể sử dụng miễn phí, nhưng lưu ý nếu đăng lại mã, bạn phải tuân theo Quy tắc nội bộ của chúng tôi.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.