EMA CROSSOVER PINE

LONG ENTRY LOGIC : When Fast EMA crosses above Slow EMA, Buy on the opening of Next candle
LONG EXIT LOGIC : When Target/SL is triggered or at reversal 
SHORT ENTRY LOGIC : When Fast EMA Crosses below Slow EMA, Short on opening of Next candle
SHORT EXIT LOGIC : When Target/SL is triggered or at reversal 

Parameters in the strategy (editable by user )
EMA 1 : FAST EMA
EMA 2 : SLOW EMA
TARGET (IN Points and percentage) : Target 1 and Target 2
SL (In points and percentage)
Trailing SL (In points and percentage)
SYSTEM MODE : Intraday/Positional
INTRADAY START TIME
INTRADAY END TIME
TRADE MODE : BOTH/LONGONLY/SHORTONLY
STRATEGY TAG : AS PER ALGOFOX WATCHLIST
CODE : AS PER ALGOFOX TRADING VIEW KEY
PRODUCT TYPE : NRML/MIS
INSTRUMENT TYPE : EQ/FUTSTK/FUTIDX/OPTSTK/OPTIDX/FUTCOM/FUTCUR
QUANTITY TYPE : FIXED/EXPOSURE
QUANTITY 
TARGET 1 EXIT %

USP of this strategy : Works on All segments and can be backtested and fully automated with multiple targets and trailing SL

 

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