EMA 20 & EMA 50 Touch Alert

📌 Indicator Description (English)

EMA 20 + Stoch RSI Alert (15/85) with Stop Loss

This indicator is designed to identify potential BUY and SELL trading opportunities using a combination of EMA 20 trend confirmation and Stochastic RSI momentum signals.

✅ BUY Signal Condition

A BUY signal is generated when:

Price crosses above EMA 20, showing bullish trend confirmation.

Stoch RSI crosses above 15, indicating the market is exiting the oversold zone.

✅ SELL Signal Condition

A SELL signal is generated when:

Price crosses below EMA 20, showing bearish trend confirmation.

Stoch RSI crosses below 85, indicating the market is exiting the overbought zone.

🛑 Stop Loss Logic

The indicator automatically suggests a stop loss level:

For BUY, Stop Loss = Previous candle Low

For SELL, Stop Loss = Previous candle High

🔔 Alerts

The indicator provides alerts for both BUY and SELL signals and includes stop loss guidance.

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BY Amit Kumarr