whoismudasar

REMA CROSSOVER BY JUGNU

This indicator triggers alerts for long and short positions on DAILY TIME FRAME for SWING trades based on the conditions which described below. This script will generate alerts when the following conditions are met:

LONG POSITION:
RSI(14) above 50.
EMA(5) crosses above EMA(10).
Indicator Triangle Green below price bars

SHORT POSITION:
RSI(14) below 50.
EMA(5) crosses down EMA(10).
Indicator Triangle RED above price bars

This script plots green and red triangles below and above the price bars to indicate long and short alert conditions, respectively. It also triggers alerts when these conditions are met.

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?