OPEN-SOURCE SCRIPT
4-9-18 EMA Cross
Basically the following rules follow:
Long when
4 and 9 EMA cross up over the 18 EMA
Exit when 4 day crosses down over the 9 day EMA
Short when 4 and 9 cross down over the 18
Exit when 4 crosses up back across 9
New Entry signal when both the 4 and 9 are on the same side of the 18
*****Best used on a 4HR TF
Long when
4 and 9 EMA cross up over the 18 EMA
Exit when 4 day crosses down over the 9 day EMA
Short when 4 and 9 cross down over the 18
Exit when 4 crosses up back across 9
New Entry signal when both the 4 and 9 are on the same side of the 18
*****Best used on a 4HR TF
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.