Vegas Tunnel Strategy by xandrea710

By xandrea710

Performance Metrics

Description

Vegas Tunnel Strategy is a trend-following breakout system based on exponential moving averages (EMAs). It uses a "tunnel" formed by the 144 EMA and 169 EMA to identify the market's long-term trend direction. Entry signals are generated when a shorter-term EMA (12 EMA) breaks above or below this tunnel, confirming momentum alignment.Long Setup: Price and EMA12 are above the tunnel (EMA144 EMA169); entry on rebound near the tunnel.Exit Rules: Fixed stop loss below/above the tunnel or based on ATR; take profit at 1.5–2× the risk.This strategy works best on 4H or daily charts and is suitable for trending assets like FX pairs, gold, oil, or indices.

Browse all 5,900+ TradingView Pine Script strategies

View on TradingView