This strategy combines multiple moving averages with the RSI for trades. It goes short when a faster EMA crosses below a slower EMA, confirmed with RSI oversold.
The logic is:
Calculate 4 EMAs of differing periods, e.g. 9, 26, 100 and 55 periods
A short signal triggers when 9-period EMA crosses below 26-period EMA
Activate short only if RSI below threshold (e.g. 40) to avoid oversold bounce
After short entry, exit when price crosses above 55 or 100 EMA
Different EMA combinations can be set for parameter optimization
The strategy utilizes multiple EMAs for trend and adds RSI for signal confirmation, going short at oversold levels.
Multiple EMAs improve accuracy
RSI avoids oversold bounce risk
Faster EMA for entry, slower for stop loss
Extensive testing needed to find optimal parameters
Careful evaluation of RSI parameters
SHORT only, so long opportunities missed
This strategy combines the power of multiple EMAs with RSI confirmation and filtering. Parameter optimization and stop loss are critical. But being SHORT-only is a key limitation.
/*backtest
start: 2023-08-14 00:00:00
end: 2023-09-13 00:00:00
period: 3h
basePeriod: 15m
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/
// © YukalMoon
//@version=5
strategy(title="EMA SCALPEUR", overlay=true, initial_capital = 1000)
//// input controls
EMA_L = input.int (title = "EMA_L", defval = 9, minval = 1, maxval = 100, step =1)
EMA_L2 = input.int (title = "EMA_L2", defval = 26, minval = 1, maxval = 100, step =1)
EMA_S = input.int (title = "EMA_S", defval = 100, minval = 1, maxval = 100, step =1)
EMA_S2 = input.int (title = "EMA_S2", defval = 55, minval = 1, maxval = 100, step =1)
RSI1 = input.int (title = "RSI", defval = 5, minval = 1, maxval = 20 , step = 1)
/// mise en place de ema
RSI = ta.rsi(close, RSI1)
shortest = ta.ema(close, 9)
short = ta.ema(close, 26)
longer = ta.ema(close, 100)
longest = ta.ema(close, 55)
plot(shortest, color = color.red)
plot(short, color = color.orange)
plot(longer, color = color.aqua)
plot(longest, color = color.yellow)
plot(close)
//// trading indicators
EMA1 = ta.ema (close,EMA_L)
EMA2 = ta.ema (close,EMA_L2)
EMA3 = ta.ema (close, EMA_S)
EMA4 = ta.ema (close, EMA_S2)
//buy = ta.crossover(EMA1, EMA2) and RSI > 60 and RSI <70
sell = ta.crossunder(EMA1, EMA2) and RSI > 40
//buyexit = ta.crossunder(EMA3, EMA4)
sellexit = ta.crossover(EMA3, EMA4)
/////strategy
strategy.entry ("short", strategy.short, when = sell, comment = "ENTER-SHORT")
///// market exit
strategy.close ("short", when = sellexit, comment = "EXIT-SHORT")