PROTECTED SOURCE SCRIPT

EMA Deviation Strategy

124
📌 Strategy: EMA Deviation Strategy

The EMA Deviation Strategy identifies potential reversal points by measuring how far the current price deviates from its Exponential Moving Average (EMA). It dynamically tracks the minimum and maximum deviation levels over a user-defined lookback period, and enters trades when price reaches extreme zones.

🔍 Core Logic:

• Buy Entry: When price deviates significantly below the EMA, approaching the historical minimum deviation — signaling a potential rebound.
• Sell Entry: When price deviates significantly above the EMA, nearing the historical maximum deviation — signaling a possible pullback.
• Optional Take Profit / Stop Loss: Manage risk with customizable exit levels.

⚙️ Customizable Inputs:

• EMA length and lookback period
• Threshold sensitivity for entry signals
• Take profit and stop loss percentages

📈 Best Used For:

• Mean reversion setups
• Assets with cyclical or range-bound behavior
• Identifying short-term overbought/oversold conditions

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.