EMA RSI Trend Strategy β Pine Script for TradingView
$5
https://schema.org/InStock
usd
MTD Creations
A powerful trend-following trading strategy for TradingView combining EMA crossovers with RSI momentum confirmation. Designed for stocks, forex, and crypto, this script delivers reliable buy and sell signals with built-in risk management and alerts β perfect for traders aiming to capture trending markets.
π¦ Whatβs Included
- Full Pine Script source code (shared as code, no ZIP)
- Clear, well-commented script for easy customization
- Buy/sell signals based on EMA crossover and RSI confirmation
- Plots Fast EMA (10) and Slow EMA (50) on the main chart
- RSI (14) displayed in a separate pane with overbought/oversold levels
- Configurable stop-loss (2%) and take-profit (4%)
- Adjustable EMA lengths, RSI thresholds, and position sizing
- Alerts for buy/sell signals compatible with TradingView notifications
π Strategy Summary
This trend-following strategy uses:
- Fast EMA: 10-period
- Slow EMA: 50-period
- RSI: 14-period
Trading Logic:
- Buy: Fast EMA crosses above Slow EMA and RSI > 50 (bullish momentum)
- Sell: Fast EMA crosses below Slow EMA and RSI < 50 (bearish momentum)
Risk Management:
- Stop-Loss set at 2% to limit losses
- Take-Profit set at 4% to lock in gains
βοΈ Customization Options
- EMA lengths adjustable (default 10 & 50)
- RSI period and threshold levels configurable
- Stop-loss and take-profit percentages modifiable
- Position sizing customization
- Alerts on/off switch for buy/sell signals
π§ Ideal For
- Traders focusing on trending markets
- Stocks, forex, and crypto traders
- Users looking for a reliable, easy-to-use Pine Script strategy
- Both beginners and advanced traders wanting clear signals and risk controls
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