Vertex EMA Strategy
Recently found an article sharing an EMA strategy written by Vertex. I copied a majority of the Long conditions into code here with some visual aid.
Essentially, watch for a the 8 EMA to be greater than the 21 EMA, and all the EMA's to be spread apart. Then get your trigger bar from a retracement from the 8 bar EMA. Stop on the lowest low of the past 5 bars, or on EMA 8 crossunder EMA 21.
This is intended to only be used on a 1h chart.
This was made for a friend.
Disclaimer: Please do your own research before making any decisions financially. I am not your financial advisor.
Essentially, watch for a the 8 EMA to be greater than the 21 EMA, and all the EMA's to be spread apart. Then get your trigger bar from a retracement from the 8 bar EMA. Stop on the lowest low of the past 5 bars, or on EMA 8 crossunder EMA 21.
This is intended to only be used on a 1h chart.
This was made for a friend.
Disclaimer: Please do your own research before making any decisions financially. I am not your financial advisor.
Versionsinformation:
Added a multi-timeframe analysis, trigger signal, inputs to toggle bar color and trigger signal, and inputs to change the EMA apart length.