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 v6 · On the chart
Hybrid EMA+RSI+MACD Strategy
A trend-following strategy that goes long when the fast EMA is above the slow EMA, RSI is above its threshold and the MACD histogram is positive, and goes short on the opposite conditions.
GitHub stars1on the repository
Pine versionv6current
Lines of code131
Settings19inputs
LicenceNone stated
Last update11 months ago21 Nov 2025
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
An optional filter requires the close to sit beyond both EMAs. When enabled, an ATR-based stop loss and take profit are set from multipliers. Position size is either a percentage of equity or a fixed quantity. Long and short can be switched off separately. It plots on the price chart with optional labels.
- EMA trend, RSI and MACD histogram confluence entries
- Optional ATR stop loss and take profit
- Percent-of-equity or fixed-quantity sizing
- Separate long and short toggles
Details
Published by
AMIA322002 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Oscillators & momentum, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA | int | 9 | fastEmaLen |
| Slow EMA | int | 21 | slowEmaLen |
| RSI Length | int | 14 | rsiLen |
| RSI Threshold | int | 50 | rsiThresh |
| MACD Fast | int | 12 | macdFast |
| MACD Slow | int | 26 | macdSlow |
| MACD Signal | int | 9 | macdSignal |
| Use ATR Stop/TP | bool | true | useAtr |
| ATR Length | int | 14 | atrLen |
| ATR Stop Mult | float | 1.5 | atrSLMult |
| ATR TP Mult | float | 3.0 | atrTPMult |
| Position Sizing | string | Percent of equity | qtyMode |
Show all 19 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Size % Equity | float | 2.0 | qtyPct |
| Fixed Qty | int | 1 | qtyFixed |
| Allow Long | bool | true | allowLong |
| Allow Short | bool | true | allowShort |
| Show TP/SL Labels | bool | true | showLabels |
| Show Plot Signals | bool | true | showPlots |
| Require Close Beyond EMAs | bool | false | useFilter |
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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