Trading Signals

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This script is designed to help identify high-probability trend reversal and continuation signals by combining moving average crossovers with momentum confirmation.

✨ How It Works:

EMA 200 — plots the 200-period Exponential Moving Average (EMA) of the closing price.

EMA-based SMA 200 — applies a 200-period Simple Moving Average (SMA) on top of the EMA values for smoother trend tracking.

Relative Strength Index (RSI) (Length 100) is used as a momentum filter to avoid false signals.

🟢 Buy Signal Conditions:

EMA 200 crosses above the EMA-based SMA 200.

RSI (100) is greater than 52, confirming bullish momentum.

🔴 Sell Signal Conditions:

EMA 200 crosses below the EMA-based SMA 200.

RSI (100) is less than 48, confirming bearish momentum.

evvelsi gün

Sürüm Notları

This script is designed to help identify high-probability trend reversal and continuation signals by combining moving average crossovers with momentum confirmation.

✨ How It Works:

EMA 200 — plots the 200-period Exponential Moving Average (EMA) of the closing price.

EMA-based SMA 200 — applies a 200-period Simple Moving Average (SMA) on top of the EMA values for smoother trend tracking.

Relative Strength Index (RSI) (Length 100) is used as a momentum filter to avoid false signals.

🟢 Buy Signal Conditions:

EMA 200 crosses above the EMA-based SMA 200.

RSI (100) is greater than 52, confirming bullish momentum.

🔴 Sell Signal Conditions:

EMA 200 crosses below the EMA-based SMA 200.

RSI (100) is less than 48, confirming bearish momentum.

evvelsi gün

Sürüm Notları

This script is designed to help identify high-probability trend reversal and continuation signals by combining moving average crossovers with momentum confirmation.

✨ How It Works:

EMA 200 — plots the 200-period Exponential Moving Average (EMA) of the closing price.

EMA-based SMA 200 — applies a 200-period Simple Moving Average (SMA) on top of the EMA values for smoother trend tracking.

Relative Strength Index (RSI) (Length 100) is used as a momentum filter to avoid false signals.

🟢 Buy Signal Conditions:

EMA 200 crosses above the EMA-based SMA 200.

🔴 Sell Signal Conditions:

EMA 200 crosses below the EMA-based SMA 200.