EMA Cloud Intraday Strategy

EMA

Cryptocurrency

Created: 2022-05-17 16:30:12

Last modified: 4 years ago

Copy: 4

ChaoZhang

1789

Followers

This strategy utilizes the 9 and 20 period exponential moving averages to create a colored cloud between similar to what is seen on the Ichimoku Cloud . The strategy closes all trades by the end of the trading day. Entry is when the price closes above a Green (9 EMA above 20 EMA ) cloud or below a Red (9 EMA below 20 EMA ) cloud. Exit is when price closes against the 9 EMA or at the end of the trading day. Running the strategy tester on different intraday time frames will show the best time frame for a given Symbol. For example, I have found that the best results are returned by this strategy for SPY on the 30 minute time frame.

backtest

Source

Pine

/*backtest
start: 2022-04-16 00:00:00
end: 2022-05-15 23:59:00
period: 1d
basePeriod: 1h
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © rwestbrookjr

//@version=5

Strategy parameters