PROTECTED SOURCE SCRIPT
EMA CROSS STRATEGY MAXTRA

ENTRY LOGIC
Long Entry (Buy Signal):
Condition: Short EMA crosses above Long EMA (Golden Cross)
Interpretation: A potential upward trend is beginning
Short Entry (Sell Signal):
Condition: Short EMA crosses below Long EMA (Death Cross)
Interpretation: A potential downward trend is beginning
EXIT LOGIC
There are a few options depending on the style of strategy:
Option 1: Opposite Crossover
Exit Long: When Short EMA crosses below Long EMA
Exit Short: When Short EMA crosses above Long EMA
This method keeps you in the trade until the trend reverses.
Option 2: Fixed Stop Loss / Take Profit
Exit trade when a profit target or stop loss is hit
Example: 2% stop loss and 4% take profit
Note : In Properties, go to Initial Margin. Add one more zero to get the backtest results for futures trades. For spot, use it as it is.
Long Entry (Buy Signal):
Condition: Short EMA crosses above Long EMA (Golden Cross)
Interpretation: A potential upward trend is beginning
Short Entry (Sell Signal):
Condition: Short EMA crosses below Long EMA (Death Cross)
Interpretation: A potential downward trend is beginning
EXIT LOGIC
There are a few options depending on the style of strategy:
Option 1: Opposite Crossover
Exit Long: When Short EMA crosses below Long EMA
Exit Short: When Short EMA crosses above Long EMA
This method keeps you in the trade until the trend reverses.
Option 2: Fixed Stop Loss / Take Profit
Exit trade when a profit target or stop loss is hit
Example: 2% stop loss and 4% take profit
Note : In Properties, go to Initial Margin. Add one more zero to get the backtest results for futures trades. For spot, use it as it is.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.