BrendanW98

EMA Crossover Strategy

EMA Crossover Strategy

This strategy will enter a long trade when the 21 EMA crosses over the 55 EMA and both EMAs and the close price are above the 200 EMA (long-term trend).
It will enter a short trade when the 21 EMA crosses under the 55 EMA and both EMAs and the close price are below the 200 EMA .

It will exit a long trade when the RSI crosses under from overbought and indicates that the uptrend could be coming to an end.
It will exit a short trade when the RSI crosses over from oversold and indicates that the downtrend could be coming to an end.

Backtesting shows that it works best on:

30 MIN:
  • SYMBOL - PROFIT FACTOR
  • AUDCAD - 1.126
  • EURJPY - 1.12
  • EURNZD - 1.04
  • EURUSD - 1.65
  • GBPAUD - 1.27
  • USDCAD - 1.08

1 HR:
  • SYMBOL - PROFIT FACTOR
  • CADJPY- 1.23
  • EURNZD- 1.166
  • GBPJPY- 1.23
  • GBPUSD- 1.282
  • NZDJPY- 1.246
  • USDCHF- 1.344

3 HR:
  • SYMBOL - PROFIT FACTOR
  • CADCHF- 1.975
  • EURGBP- 1.776
  • EURNZD- 1.911
  • GBPAUD- 1.364
  • GBPCHF- 1.311
  • USDJPY- 1.162
  • XAUUSD - 2.00

As always, this strategy does not guarantee you to achieve profits and you should always use confirmations before entering a trade.
Mã nguồn mở

Với tinh thần của TradingView, tác giả đã xuất bản tập lệnh theo mã nguồn mở, vì thế trader có thể dễ dàng hiểu và tùy chỉnh được. Bạn có thể sử dụng miễn phí, hoặc tùy chỉnh lại mã đã được cấp phép bởi Quy tắc Chung. Bạn có thể sử dụng nó trên biểu đồ.

Bạn muốn sử dụng tập lệnh này trên biểu đồ?

Bình luận

Nice strategy. However, what will happen if a Short signal is given and then RSI stays in the overbought zone for a prolonged period or vice-versa
+3 Phản hồi
BrendanW98 AkmeAnalytics
@AkmeAnalytics, It would make a potentially short-lasting short position, but most of the time RSI isn't in the overbought zone for a crossunder signal to be given.
The strategy isn't perfect and is in V1, there's room for improvement. Will try and look into overcoming this though.
+1 Phản hồi
BrendanW98 BrendanW98
@BrendanW98, Scrap that, if a short positions entered while RSI was overbought, the short position wouldn't be closed until there is a crossover in the oversold area (i.e. RSI goes down to oversold and crosses back above that level).
+1 Phản hồi
Does repaint? :)
Phản hồi
BrendanW98 davidstefanucz
@davidstefanucz, Not sure what you're asking bud
Phản hồi