Strategy · Pine Script v6 · On the chart

Estrategia EMA and BARS

by JoelPasapera· code credited to JJPP_Joel

This strategy generates long trade entries based on an exponential moving average crossover on the main price chart.

View on GitHub

GitHub stars11on the repository
Pine versionv6current
Lines of code45
Settings4inputs
LicenceApache-2.0
Last update5 months ago23 May 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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

45 lines of Pine Script v6 from Ema and bars strategy/Estrategia EMA and BARS.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.

Estrategia EMA and BARS.pine
// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © JJPP_Joel
// Author: Joel Pasapera Pinto
//@version=6

//@version=6
strategy("Estrategia EMA and BARS", overlay = true, initial_capital = 10000)

float lot_size = input.float(1,"lot_size",step=0.1,minval=0.1)
int variable = input.int(defval = 50,title = "bars")
int ema1 = input.int(defval = 50,title = "ema1")
int ema2 = input.int(defval = 20,title = "ema2")

// ==========================
// Cálculo de EMAs
// ==========================
ema20 = ta.ema(close, ema1)
ema50 = ta.ema(close, ema2)

// ==========================
// Condición de compra
// ==========================
long_signal = ta.crossover(ema50, ema20)


// ==========================
// Entrada
// ==========================
if long_signal
    strategy.entry("Compra", strategy.long,lot_size)

var int count = 0

count += 1

if count == variable
    strategy.close("Compra")
    count := 0

// ==========================
// Visualización
// ==========================
plot(ema20, "EMA 20", color = color.orange)

plot(ema50, "EMA 50", color = color.blue)

Overview

Estrategia EMA and BARS calculates two customizable EMAs and executes a buy order when the shorter moving average crosses above the longer moving average. Rather than relying on price-based stop loss or take profit targets, positions are closed strictly after a set number of bars elapse. Input parameters allow users to adjust moving average lengths, position lot size, and the bar duration count.

Details

Published by

JoelPasapera on GitHub

Code credit

JJPP_Joel, as written in the script's header

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Trend, Moving averages

Markets

Forex, Gold, Stocks, Oil & commodities

Timeframes

M15-H1, H4 and above

Risk Notes

  • The strategy enters trades without a stop loss

Topics

botpinescriptstrategytradingtradingview

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
lot_sizefloat1lot_size
barsint50variable
ema1int50ema1
ema2int20ema2
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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