[CM]EMA Trend Cross STRAT — Strategy by ColinMccann18
By ColinMccann18
Performance Metrics
- Author: ColinMccann18
- Symbol: BYBIT:BTCUSD
- Timeframe: 15 minutes
- Net P&L: +4,526.50 USD (+4.53%)
- Win Rate: 31.7%
- Profit Factor: 1.346
- Max Drawdown: 2,961.00 USD (2.78%)
- Total Trades: 180
- Sharpe Ratio: 1.201
Description
VISUALLY REPRESENTS THE CROSSING OF 8,13,21,55 EMA'S FROM KROWNS TA PROGRAMHello everybody! I was curious and wanted to see how the Strat described in one of the modules would look coded. So here we are, a clear cut visual representation of the methods talked about in the course from the EMA Module. Enjoy!(Instructions)Whenever the 8,13,21 all cross above the 55ema that constitutes a long signal. On the flip side, whenever the 8,13,21 all cross below the 55ema that constitutes a short signal. (Description)This indicator shows the cross described in the TA program using the EMAS 8,13,21,55.The Ema's are editable.(Color)It plots the entry and exit parameters.This allows for a more visual representation of the ideology described in the course. This indicator also doesn't leave room for ambiguity in terms of where a cross happens. The EMA's can be toggled to show certain ones at certain times. The indicator can be used as a trend analysis tool.***In terms of an exit, I find it to be better to use your own judgement, taking account the greater trend. For example, in a bull market I would advise looking for long signals, rather than try to hop on a counter trend play. Vice Versa in a bear market. It's better for jumping in to the greater momentum.