OPEN-SOURCE SCRIPT
3 EMA Cross 4-9-18 BitMEX XBT/USD pair on 6HR TF
Updated
Coded with love by 619trading
Buys once the 4 and the 9 EMA cross above the 18
Exits once the 4 and 9 cross again
Shorts once the 4 and the 9 cross below the 18
Closes short once the 9 and the 4 cross again
Alerts can be set since this is not a strategy used to backtest
But it gets all the big moves for great profit
Best used with 6 HR Timeframe
Buys once the 4 and the 9 EMA cross above the 18
Exits once the 4 and 9 cross again
Shorts once the 4 and the 9 cross below the 18
Closes short once the 9 and the 4 cross again
Alerts can be set since this is not a strategy used to backtest
But it gets all the big moves for great profit
Best used with 6 HR Timeframe
Release Notes
Changed the Exit long signal to be on top of the candle instead of the bottomChanged the exit short signal to be at the bottom
Release Notes
Just changed wording around a little bit since this is BitMexicoI wanted to also stress that even tho this indicator "seems" to be pretty decent going for the 6 HR TF, you should always use correct position sizing, leverage, and stop loss as this isnt a magical indicator by any means.
It has its flaws, as price also makes moves within the 6 hour candle which could negate the signal given.
Just be smart, this is crypto, and there is no 100% guarantees for anything.
Release Notes
Final Version of the Script ..enjoyOpen-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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