by 
2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v5 · On the chart
EMA + RSI Strategy
This trend-following strategy combines two Exponential Moving Averages with the Relative Strength Index to identify long trade setups.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code19
Settings0inputs
LicenceNone stated
Last update6 months ago22 Apr 2026
Add It to Your TradingView Chart
- 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 + RSI Strategy calculates a 50-period fast EMA, a 200-period slow EMA, and a 14-period RSI. A long position is triggered when the fast EMA is above the slow EMA and the RSI crosses above the 50 level. The fast and slow EMAs are plotted directly on the main price chart. Notably, the strategy lacks explicit exit logic, stop loss rules, or take profit targets.
- 50 EMA and 200 EMA trend filter
- RSI 50 level crossover signal
- On-chart moving average plots
Details
Published by
Sandesh30-cloud on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
File
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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