OPEN-SOURCE SCRIPT
Crypto MultiTrend multi timeframes
Hello, today I bring you another crypto strategy which can work with multiple timeframes and most of crypto currencies
Its made entirelly of multiple EMA , of different lengths : like super fast, fast, normal, slow and very slow
We also combine a little bit of price action together with the trend direction both for entry and for exits, to have a more precise control.
The rules for long close is above all EMA's, they are in ascending order and the at same time close is bigger than the previous high, and previous high > second previous high, close > 3rd previous high , close > 4th previous high, close > 5th previous high, 5th high > 6th high.
For short we have the same, but instead of high, we use lows, and instead of > we use < .
As exit we have 2 conditions for long and 2 for short
To exit long we have : super fast ema < fast ema and fast ema < normal and normal < slow ema. For short, they would be the opposite, using > sign.
The second exit for long is when our current low crosses below 4 of ours EMA during the same candle. For short, is when the high crosses above 4 of ours EMA during the same candle.
CAUTIOUS : Currently it uses not risk management system, so in this current condition is extremely risky . Be careful
If you have any questions lets me know
Its made entirelly of multiple EMA , of different lengths : like super fast, fast, normal, slow and very slow
We also combine a little bit of price action together with the trend direction both for entry and for exits, to have a more precise control.
The rules for long close is above all EMA's, they are in ascending order and the at same time close is bigger than the previous high, and previous high > second previous high, close > 3rd previous high , close > 4th previous high, close > 5th previous high, 5th high > 6th high.
For short we have the same, but instead of high, we use lows, and instead of > we use < .
As exit we have 2 conditions for long and 2 for short
To exit long we have : super fast ema < fast ema and fast ema < normal and normal < slow ema. For short, they would be the opposite, using > sign.
The second exit for long is when our current low crosses below 4 of ours EMA during the same candle. For short, is when the high crosses above 4 of ours EMA during the same candle.
CAUTIOUS : Currently it uses not risk management system, so in this current condition is extremely risky . Be careful
If you have any questions lets me know
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.