PROTECTED SOURCE SCRIPT
2 Emas and RSI simple system (Malverti) - long only

This system originates from many articles by Enrico Malverti on 2015, 09 : "i-trading-systems-parte-5".
Many trading systems are more stable if you use simple and not so innovative indicators, like exponential moving averages and Relative Strengthe index.
Differently by the original article:
- there is no ATR Filter, but we have introduced a Schaff Indicator. If you have multiple shares/commodities to choose, prefer what has a better value of Schaff;
- there is no fixed stop loss but a second moving average (fast), used as target. There are also Emas on lows (trailing stop loss for long) and a Emas on highs (trailing stop loss for short position).
Be careful, in the system only long case, because being short is not the reverse of being long (also indicators have a different behaviour - sauciusfinance altervista: see article: why-going-short-is-immoral-and-dangerous)
Emas oh highs are only graphically put.
BUY when prices crosses over Ema on long period (we suggest, however, Ema long = Ema fast period = no. 14)
SELL when
- prices go under Ema on lows (7 period), or under on Ema fast!
- RSI crosses under level 70 or is higher than 75 (or 80, but in code there is 75)
Many trading systems are more stable if you use simple and not so innovative indicators, like exponential moving averages and Relative Strengthe index.
Differently by the original article:
- there is no ATR Filter, but we have introduced a Schaff Indicator. If you have multiple shares/commodities to choose, prefer what has a better value of Schaff;
- there is no fixed stop loss but a second moving average (fast), used as target. There are also Emas on lows (trailing stop loss for long) and a Emas on highs (trailing stop loss for short position).
Be careful, in the system only long case, because being short is not the reverse of being long (also indicators have a different behaviour - sauciusfinance altervista: see article: why-going-short-is-immoral-and-dangerous)
Emas oh highs are only graphically put.
BUY when prices crosses over Ema on long period (we suggest, however, Ema long = Ema fast period = no. 14)
SELL when
- prices go under Ema on lows (7 period), or under on Ema fast!
- RSI crosses under level 70 or is higher than 75 (or 80, but in code there is 75)
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受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。