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    Buy Sell Signal On 100 Sma Ema

    Uploaded by

    nikunj olpadwala
    This document defines a trading strategy that generates buy and sell signals using crossovers between exponential moving averages (EMAs) and simple moving averages (SMAs) on price data. It calculates various EMAs and SMAs, defines signals for bullish and bearish crossovers, and plots the signals and averages on a chart. Labels are placed on the chart at signal occurrences to indicate entry and profit taking levels.

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    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd

    Buy Sell Signal On 100 Sma Ema

    Uploaded by

    nikunj olpadwala
    80 views3 pages
    This document defines a trading strategy that generates buy and sell signals using crossovers between exponential moving averages (EMAs) and simple moving averages (SMAs) on price data. It calculates various EMAs and SMAs, defines signals for bullish and bearish crossovers, and plots the signals and averages on a chart. Labels are placed on the chart at signal occurrences to indicate entry and profit taking levels.

    Original Title

    Buy sell signal on 100 sma ema

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    © © All Rights Reserved

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    This document defines a trading strategy that generates buy and sell signals using crossovers between exponential moving averages (EMAs) and simple moving averages (SMAs) on price data. It calculates various EMAs and SMAs, defines signals for bullish and bearish crossovers, and plots the signals and averages on a chart. Labels are placed on the chart at signal occurrences to indicate entry and profit taking levels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    80 views3 pages

    Buy Sell Signal On 100 Sma Ema

    Uploaded by

    nikunj olpadwala
    This document defines a trading strategy that generates buy and sell signals using crossovers between exponential moving averages (EMAs) and simple moving averages (SMAs) on price data. It calculates various EMAs and SMAs, defines signals for bullish and bearish crossovers, and plots the signals and averages on a chart. Labels are placed on the chart at signal occurrences to indicate entry and profit taking levels.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
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    You are on page 1of 3

    //@version=4

    // @ SpiffyRumble
    study(title="EMA SMA 100 Cross", overlay=true, max_labels_count=500)

    // === INPUTS ===


    maExpSource = input(defval=close, title="EMA Source")
    maExpLength = input(defval=100, title="EMA Period", minval=1)
    maSimpSource = input(defval=close, title="SMA Source")
    maSimpLength = input(defval=100, title="SMA Period", minval=1)

    // === FUNCTIONS ===


    maExp = ema(maExpSource, maExpLength)
    maSimp = sma(maSimpSource, maSimpLength)
    fastSma = sma(close, 5)
    mediumSma = sma(close, 50)
    slowSma = sma(close, 200)
    bullishCross = crossover(maExp, maSimp)
    bearishCross = crossunder(fastSma, mediumSma)
    bullishCrossFast = crossover(fastSma, mediumSma)
    bearishCrossFast = crossunder(fastSma, mediumSma)
    fastBullCross = crossover(fastSma, slowSma)
    fastBearCross = crossunder(fastSma, slowSma)

    // === PLOTTING ===


    ema = plot(maExp, title="EMA", color=color.green, linewidth=1,
    style=plot.style_line, transp=0)
    sma = plot(maSimp, title="SMA", color=color.blue, linewidth=1,
    style=plot.style_line, transp=0)
    slSma = plot(slowSma, title="Slow SMA", color=color.purple, linewidth=1,
    style=plot.style_line, transp=0)
    medSma = plot(mediumSma, title="Medium SMA", color=color.yellow, linewidth=1,
    style=plot.style_line, transp=0)
    faSma = plot(fastSma, title="Fast SMA", color=color.red, linewidth=1,
    style=plot.style_line, transp=0)

    // === LABELS ===


    var longLabel = label.new(x=na, y=na, yloc=yloc.abovebar,
    color=color.green, textcolor=color.new(color.white, 0),
    size=size.normal, style=label.style_labeldown)

    var shortLabel = label.new(x=na, y=na, yloc=yloc.belowbar,


    color=color.red, textcolor=color.new(color.white, 0),
    size=size.normal, style=label.style_labelup)

    var profitLabelLong = label.new(x=na, y=na, yloc=yloc.abovebar,


    color=color.blue, textcolor=color.new(color.white, 0),
    size=size.normal, style=label.style_labeldown)

    var profitLabelShort = label.new(x=na, y=na, yloc=yloc.belowbar,


    color=color.blue, textcolor=color.new(color.white, 0),
    size=size.normal, style=label.style_labelup)

    // Make a label for Bullish signal

    if bullishCross and mediumSma>slowSma and fastSma>mediumSma


    // Make label
    longLabel := label.new(x=bar_index, y=na, yloc=yloc.abovebar,
    style=label.style_labeldown, color=color.new(color.green, 0),
    text="Buy", textcolor=color.white)

    if bullishCrossFast and maSimp>slowSma and maExp>maSimp and mediumSma>maExp

    longLabel := label.new(x=bar_index, y=na,yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.green, 0),
    text="Buy", textcolor=color.white)

    if bullishCrossFast

    longLabel := label.new(x=bar_index, y=na,yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.green, 0),
    text="Buy", textcolor=color.white)

    if fastBullCross and close>fastSma

    longLabel := label.new(x=bar_index, y=na,yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.green, 0),
    text="Buy", textcolor=color.white)

    // Make a label for Bearish signal

    if bearishCross and maSimp>slowSma and maExp>slowSma and mediumSma>maSimp and


    mediumSma>maExp

    // Make label
    shortLabel := label.new(x=bar_index, y=na, yloc=yloc.abovebar,
    style=label.style_labeldown, color=color.new(color.red, 0),
    text="Sell", textcolor=color.white)

    if fastBullCross and close<open and close<slowSma

    shortLabel := label.new(x=bar_index, y=na, yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.red, 0),
    text="Sell", textcolor=color.white)

    if bearishCrossFast

    shortLabel := label.new(x=bar_index, y=na, yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.red, 0),
    text="Sell", textcolor=color.white)

    if fastBearCross

    shortLabel := label.new(x=bar_index, y=na, yloc=yloc.abovebar,


    style=label.style_labeldown, color=color.new(color.red, 0),
    text="Sell", textcolor=color.white)

    // Make a label for long and short profit


    leftbars = input(10, minval=1, title='Bars to the left')
    rightbars = input(2, minval=1, title='Bars to the right')

    phigh = pivothigh(high, leftbars,rightbars)


    plow = pivotlow(low, leftbars, rightbars)
    if phigh and maExp>maSimp and open>slowSma and close>slowSma
    label1 = label.new(bar_index[rightbars], high[rightbars], text="Take\nProfit",
    style=label.style_labeldown, color=color.blue, textcolor=color.white)

    //if plow and maExp<maSimp and open<maSimp and open< maExp and close<maExp
    //label2 = label.new(bar_index[rightbars], low[rightbars], text="Take\nProfit",
    style=label.style_labelup, color=color.blue, textcolor=color.white)

    // === FILL ==== \\


    fill(faSma, medSma, color=fastSma > mediumSma ? color.red : color.gray, transp=65)
    fill(medSma, ema, color=mediumSma > maExp ? color.yellow : color.gray, transp=65)
    fill(ema, sma, color=maExp > maSimp ? color.green : color.gray, transp=65)
    fill(sma, slSma, color=maSimp > slowSma ? color.purple : color.gray, transp=65)

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