PROTECTED SOURCE SCRIPT
AR Peti Kemas Candle Cross EMA8 EMA13 EMA21 EMA55 EMA90 EMA200
Updated
This is implementation of Peti Kemas. Slighly modified for the selection of EMA period, but user can change the period.
The strategy is if the current candle close is below EMA90 and EMA200, the buy signal is generated when the close crosses up EMA13.
When the close above EMA90 and ENA200, then the buy signal is generated when the close crosses up EMA8
The strategy is if the current candle close is below EMA90 and EMA200, the buy signal is generated when the close crosses up EMA13.
When the close above EMA90 and ENA200, then the buy signal is generated when the close crosses up EMA8
Release Notes
This script implements the Peti Kemas published on Youtube by Woles Trader. This version is a slight modification strategy for selecting the EMAs period, but users can change the period.The strategy starts if the current candle close is below EMA90 or EMA200, a buy signal is generated when the price crosses up EMA13. Buy signals are further generated if the price crosses up EMA90 and EMA200. Sell signals are generated when the price cross down EMA8, EMA13, EMA90, or EMA200.
When the price is above EMA90 or EMA200, a buy signal is generated when the price crosses up EMA8 and EMA55. Sell signals are generated when the price cross down EMA8, EMA13, EMA90, or EMA200.
A start buy signal is indicated with a triangle-up with the buy text, and a final sell signal is shown when a triangle-down with the sell text. Users can add position when the triangle-up shape (without text) is shown after the buy signal and decrease the position when triangle-down.
Release Notes
Added alerts for the buy sell including add and reduce positions signals.Release Notes
Colorized the EMA21 EMA55 EMA90Release Notes
Improve the algorithm and change the buy sell icon.Release Notes
Added EMA 21 and EMA 55 squeeze / contraction and expansion.Gray circle above bar candle indicates the EMAs are in squeeze, while the green circle indicates the squeeze is released and the price move up, red circle otherwise.
The EMA 21 and EMA 55 squeeze is inspired by the Youtube channel "The Secret Mindset".
Disclaimer
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