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Indicator II

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chanderjagdish
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40 views1 page

Indicator II

Uploaded by

chanderjagdish
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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INDICATOR 2

(EMA 13 & 34 CROSSOVER)

// This source code is subject to the terms of the Mozilla Public License 2.0 at
https://mozilla.org/MPL/2.0/
// © niharman98

//@version=5

strategy("My strategy", overlay=true, margin_long=100, margin_short=100)


timePeriod = time >= timestamp(syminfo.timezone, 2020, 12, 15, 0, 0)

ema1 =ta.ema(close, 13)


ema2 =ta.ema(close, 34)

plot(ema1, color=color.new(color.red, 13), linewidth=2, offset=2)


plot(ema2, color=color.new(color.green, 34), linewidth=2, offset=2)

longCondition = ta.crossover(ta.ema(close, 13), ta.ema(close, 34))


if (longCondition)
strategy.entry("Long", strategy.long)

shortCondition = ta.crossunder(ta.ema(close, 13), ta.ema(close, 21))


if (shortCondition)
strategy.entry("Short", strategy.short)

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