capam

Triple EMA Scalper low lag strat

Hi all,

This strategy is based on the Amazing scalper for majors with risk management by SoftKill21

The change is in lines 11-20 where the sma's are replaced with Triple ema's to
lower the lag.

The original author is SoftKill21. His explanation is repeated below:

Best suited for 1M time frame and majors currency pairs.
Note that I tried it at 3M time frame.

Its made of :


Ema ( exponential moving average ) , long period 25
Ema ( exponential moving average ) Predictive, long period 50,
Ema ( exponential moving average ) Predictive, long period 100

Risk management , risking % of equity per trade using stop loss and take profits levels.


Long Entry:

When the Ema 25 cross up through the 50 Ema and 100 EMA . and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)


Short Entry:

When the Ema 25 cross down through the 50 Ema and 100 EMA , and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)


Exit:

TargetPrice: 5-10 pips

Stop loss: 9-12 pips
Open-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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Ingin menggunakan skrip ini pada carta?

Komen

Could you please include in the script the asian session? Thanks
Balas
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