This strategy using :
- 3 EMA period 50, 100, 200
- stochastic RSI slow
Long Cond :
- Stochastic RSI cross below 20
- EMA 50 > 100 > 200
Short Cond :
- Stochastic RSI cross above 80
- EMA 50 < 100 < 200
Sleeping Mode
- EMA 50 between EMA 100 & EMA 200
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules.
You can favorite it to use it on a chart.
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