OPEN-SOURCE SCRIPT

2 EMA Pullback

Hi everyone!

CAUTION... This is only an indicator. Do not rely 100% on it.

I made this indicator hoping to help everyone with this specific Pull Back Scalping Strategy.

RULES:
Time Chart of 5minuts
Long Condition - "EMA Red Line" below the "EMA Blue Line" and wait for a green long signal.
Short Condition - "EMA Red Line" below the "EMA Blue Line" and wait for a red short signal


Feel free to add any adjustments or give feedback so we can improve.

The strategy idea and guidelines came from the "Master Juan Luis"


Autor: © Germangroa
Double Exponential Moving Average (DEMA)pullbackRelative Strength Index (RSI)Stochastic RSI (STOCH RSI)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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