3 EMA/SMA + Cross Strategy is a trend-following overlay strategy that identifies entry points using fast, slow, and trend moving averages configurable as either EMA or SMA.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
3 EMA/SMA + Cross Strategy [Alorse] checks for recent crossovers between fast and slow averages while ensuring price trades above the overall trend line. Long trades enter when the crossover condition is met and exit when the fast average crosses below an intermediate moving average or when price drops below the recent lowest low. Settings allow users to adjust moving average types, periods, lookback windows, and entry directions.
Configurable fast, slow, and trend moving averages
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Source
source
close
src
Type
string
EMA
ma_type1
Periods
int
10
lenFast
Type
string
EMA
ma_type2
Periods
int
20
lenSlow
Type
string
EMA
ma_type3
Periods
int
100
lenTend
Show Long entries
bool
true
showLong
Show Short entries
bool
false
showShort
Check Cross in the last # candles
int
12
crossBack
Short Stop Loss (%)
float
3
SP
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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