EMA Intraday Strategy

Here is a EMA intraday strategy. very profitable on the GBPAUD 1M charts if you are watching very closely, working on coding a indicator for it
Remove from Favorite Scripts Add to Favorite Scripts
strategy("Eli Strategy", overlay=true)
fastLength = input(110)
slowLength = input(40)
price = close

emafast = ema(price, fastLength)
emaslow = ema(price, slowLength)

if (crossover(emafast, emaslow))
    strategy.entry("EMA2CrossLE", strategy.long,10000, comment="long")
    strategy.exit("Exit Long", from_entry = "EMA2CrossLE", loss = 500, comment= "Rshort")

if (crossunder(emafast, emaslow))
    strategy.entry("EMA2CrossSE", strategy.short, 10000, comment="short")
    strategy.exit("Exit short", from_entry = "EMA2CrossSE", loss = 500, comment= "RLong")

//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out