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
EMA Cross + RSI Filter enters long when the fast EMA crosses above the slow EMA and RSI is above the minimum threshold. A cross below closes the long and opens a short without an RSI filter. Each entry uses the stop and profit inputs as exit targets, with position size set to five percent of equity. Fast and slow EMA lengths, RSI length, the long RSI floor, and stop and profit values are adjustable.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Fast EMA
int
12
fast_ema
Slow EMA
int
26
slow_ema
RSI Length
int
14
rsi_len
Min RSI for Long
int
45
rsi_min
Stop %
float
1.5
stop_pct
Profit %
float
3.0
profit_pct
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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