EMA Open / Close Vertex uses 2EMAs, 1 open, 1 close, of the same length. It also uses an optional multiplier of the current timeframe to determine the timeframe of the EMAs.
You can offset the EMAs with the offset input.
The script will buy when the close crosses above the open, and vice versa for sells.
A simple, but effective strategy for long term holdings, to exit a position when a downtrend starts.
You can offset the EMAs with the offset input.
The script will buy when the close crosses above the open, and vice versa for sells.
A simple, but effective strategy for long term holdings, to exit a position when a downtrend starts.
Release Notes:
Public Release (This Strategy / Indicator is FREE)
Release Notes:
Removed Long / Short enable entries inputs.
Release Notes:
Removed RSI Length input that was there for no reason
Release Notes:
- Updated script to version 5 of Pine Script.