This indicator plots five exponential moving averages on the price chart and combines EMA 3 and 13 crosses with a fast MACD to mark long and short entry signals.
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 indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
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
A main signal requires the two crosses to occur within three bars and the averages to be stacked, optionally including EMA 144. It marks a close when EMA 3 crosses EMA 34. After a main signal it allows at most two further signals and labels an ATR-based stop and a take profit of 1.5 times that distance. It does not place orders.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
讓判斷機制參考EMA144
bool
true
RunEMA144
atrLength
int
13
atrLength
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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