JWs Algo

📈 JWs Algo — 8/21 EMA Crossover Strategy with Take Profit and Stop Loss
JWs Algo is a momentum-based trading strategy that uses a classic 8/21 Exponential Moving Average (EMA) crossover to identify trend reversals and generate long and short trade signals. It includes built-in take profit and stop loss parameters to manage risk and lock in profits automatically.

🔍 Core Logic
Long Entry: When the 8 EMA crosses above the 21 EMA (bullish signal)

Short Entry: When the 8 EMA crosses below the 21 EMA (bearish signal)

Exit: Each position is exited automatically upon hitting either:

A take profit, defined as a percentage gain from entry

A stop loss, defined as a percentage loss from entry

✅ Key Features
Supports both long and short trades

Configurable take profit (%) and stop loss (%)

Prevents overlapping trades — the strategy waits for one trade to fully close before opening another

Clean visualization with:

Buy and sell signal markers

Plotted 8 EMA and 21 EMA for trend context

Compatible with any symbol and timeframe

⚙️ Recommended Use
This strategy works best on trending markets and can be adapted for:

Crypto

Forex

Stocks

Indices

Tune the TP/SL values and timeframe based on asset volatility for best results. Backtest thoroughly.