OPEN-SOURCE SCRIPT

Best EMA Finder

2 769
This script, Best EMA Finder, is based on the same original logic as the Best SMA Finder I published previously. Although it was not the initial goal of the project, several users asked for an EMA version, so here it is.

The script scans a wide range of Exponential Moving Average (EMA) lengths, from 10 to 500, and identifies the one that historically delivered the most robust performance on the current chart. The choice to stop at 500 is deliberate: beyond that point, EMA curves tend to flatten and converge, adding processing time without meaningful differences in signals or outcomes.

Each EMA is evaluated using a custom robustness score:
Profit Factor × log(Number of Trades) × sqrt(Win Rate)

Only EMA lengths that exceed a user-defined minimum number of trades are considered valid. Among these, the one with the highest robustness score is selected and displayed on the chart.

A table summarizes the results:
- Best EMA length
- Total number of trades
- Profit Factor
- Win Rate
- Robustness Score

You can adjust:
- Strategy type: Long Only or Buy & Sell
- Minimum number of trades required
- Table visibility

This script is designed for analysis and optimization only. It does not execute trades or handle position sizing. Only one open trade per direction is considered at a time.

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。