EMA12 + EMA26 + MACD + RSI / Owl of Profit

EMA 12 + EMA 26 + MACD + RSI Strategy

This strategy combines Exponential Moving Averages (EMA), MACD, and RSI to identify high-probability trading opportunities. It uses trend, momentum, and overbought/oversold conditions to refine entry and exit points.

Features:

Exponential Moving Averages (EMA):

Tracks short-term (12-period) and long-term (26-period) trends for crossover signals.
MACD Indicator:

Confirms trend strength and momentum using the MACD line and Signal line crossover.
Includes a histogram for visualizing bullish or bearish momentum.
RSI (Relative Strength Index):

Identifies overbought and oversold conditions to avoid entering trades in extreme zones.
Entry Conditions:

Long Entry: Triggered when EMA12 crosses above EMA26, MACD crosses above the Signal line, and RSI is below 70.
Sell Exit: Triggered when EMA12 crosses below EMA26, MACD crosses below the Signal line, and RSI is above 30.
Customization Options:

Modify lengths for EMA, MACD, and RSI to suit your trading preferences.
Visualization:

Plots EMA12 and EMA26 on the price chart for trend identification.
Displays MACD histogram and RSI in separate panels for momentum and strength analysis.
Entry and exit signals are clearly marked on the chart.
This strategy is designed for educational and testing purposes. Use it as a foundation for backtesting and adapting to your trading style.

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Happy trading!