INVITE-ONLY SCRIPT
Updated EMA and BB Analysis for US100 V250829
This TradingView strategy generates buy and sell signals based on exponential moving average (EMA) crossovers, limited by other factors such as Bollinger Bands, volume, and EMA distance.
It uses EMAs of 16, 24, 32, and 64 periods, as well as the angles of each of these EMAs.
Entry Conditions:
EMA Crossover Entry:
When EMA16 crosses EMA64 and the following conditions are met:
EMA16, EMA24, EMA32 are aligned — for a buy signal:
EMA16 > EMA24
EMA24 > EMA32
EMA32 > EMA48
(and the opposite for a sell signal)
EMA Angles:
The angles of the EMAs must also follow the same alignment.
Divergence Entry:
When the distance between EMAs 16, 24, 32, and 48 increases.
Entry Limitations:
Once an entry is detected, it is filtered by several conditions:
When the distance between the entry candle and EMA96 is more than two candles of the maximum size over three periods.
The stop loss is set as two candles of the maximum size over three periods. If this stop loss exceeds 6,000 points (adjustable parameter), the entry is invalid.
When the price is at the edge of the Bollinger Band with a 1200-period setting (equivalent to a 1-hour Bollinger Band).
When the Bollinger Band's middle line is descending and a buy signal is triggered (and vice versa).
When volume drops below a certain threshold.
When a sideways market movement is detected.
All these entry limitations are configurable parameters and can be enabled or disabled.
It uses EMAs of 16, 24, 32, and 64 periods, as well as the angles of each of these EMAs.
Entry Conditions:
EMA Crossover Entry:
When EMA16 crosses EMA64 and the following conditions are met:
EMA16, EMA24, EMA32 are aligned — for a buy signal:
EMA16 > EMA24
EMA24 > EMA32
EMA32 > EMA48
(and the opposite for a sell signal)
EMA Angles:
The angles of the EMAs must also follow the same alignment.
Divergence Entry:
When the distance between EMAs 16, 24, 32, and 48 increases.
Entry Limitations:
Once an entry is detected, it is filtered by several conditions:
When the distance between the entry candle and EMA96 is more than two candles of the maximum size over three periods.
The stop loss is set as two candles of the maximum size over three periods. If this stop loss exceeds 6,000 points (adjustable parameter), the entry is invalid.
When the price is at the edge of the Bollinger Band with a 1200-period setting (equivalent to a 1-hour Bollinger Band).
When the Bollinger Band's middle line is descending and a buy signal is triggered (and vice versa).
When volume drops below a certain threshold.
When a sideways market movement is detected.
All these entry limitations are configurable parameters and can be enabled or disabled.
Release Notes
We fix somo bugsRelease Notes
This script is currently in an evaluation period and has no cost at the moment. If you're interested in gaining permanent access and participating in the evaluation, please contact antonio.lasso@auren.mx. We will grant you access and explain how the script works.Release Notes
Operations are restricted during U.S. public holidays and on days of interest rate announcements.Release Notes
We adjust to 0.5 usd the simulationRelease Notes
We update the method for lateralizationRelease Notes
We improve the lateralization methodRelease Notes
We change some parametersRelease Notes
We optimize lateralization at the start of the New York trading session.Release Notes
We adjust the configuration. Release Notes
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We’ve improved the script. It currently achieves 33% profitable trades, with an average profit-to-loss ratio of 3:1Release Notes
We add a mark for the stop lost valueRelease Notes
improve the profit ratioRelease Notes
We improve some features like lateralization and dynamic stop lossRelease Notes
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We've added a significant improvement by visually highlighting the range on the chart where 75% of the volume occurs. This area typically indicates a key support zone, marked in red, and a resistance zone, marked in green.Release Notes
.Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alasso69 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
To use this strategy, follow these steps:
Select US100 from FX ERRANTE to use the defined volume data.
Run the script on a 1-minute timeframe.
The parameters are optimized to deliver maximum profitability.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact alasso69 directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
To use this strategy, follow these steps:
Select US100 from FX ERRANTE to use the defined volume data.
Run the script on a 1-minute timeframe.
The parameters are optimized to deliver maximum profitability.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.