Strategy · Pine Script v4 · On the chart

TRXBTC EMA Cross Strategy

by tseitz

TRXBTC EMA Cross Strategy is a trend-following cryptocurrency strategy that executes trades based on single Exponential Moving Average price positioning and candle color.

View on GitHub

GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code51
Settings3inputs
LicenceNone stated
Last update4 years ago2 Dec 2021

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  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

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

TRXBTC EMA Cross Strategy plots a customizable EMA on the main price chart and triggers a long position when a bar opens above the EMA on a green candle, or a short position when opening below the EMA on a red candle. Positions automatically reverse when opposing conditions are met within a user-defined date filter window. The script highlights signals with background color changes, but lacks active stop loss exits by default.

Details

Published by

tseitz on GitHub

Type

Strategy, Pine Script v4

Draws

On the price chart

Category

Trend, Moving averages

Markets

Crypto

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.

SettingTypeDefaultVariable
Max Days Back to Testint90daysBackMax
Min Days Back to Testint0daysBackMin
EMA Lengthint21emaLength
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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