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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
MACD Crossover Strategy
This strategy plots on the price chart and trades long when the MACD line crosses above its signal line.
GitHub stars1on the repository
Pine versionv6current
Lines of code31
Settings3inputs
LicenceNone stated
Last update3 months ago18 Jul 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
MACD Crossover Strategy closes the long when the MACD line crosses back below the signal. Position size is the number of shares that a fixed ten thousand Indian rupees can buy at the current close. The three inputs set the short, long and signal lengths. Orders run only from the start of 2021, and there is no stop loss.
- MACD and signal line crossovers
- Configurable short, long and signal lengths
- Fixed INR capital share sizing
- Long entries closed on bearish cross
- Trades allowed only from January 2021
Details
Published by
jaichaturvedi88 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum
Markets
Stocks
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| MACD Short Length | int | 12 | macdShortLength |
| MACD Long Length | int | 26 | macdLongLength |
| MACD Signal Length | int | 9 | macdSignalLength |
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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