EMA Crossover Trading with Fixed and Trailing Stops

Summary

This TradingView strategy uses crossovers between fast and slow exponential moving averages to enter long or short positions. It can restrict entries to 15-minute charts and weekdays, sizes trades at 100% of equity, and specifies 10x margin settings. Opposite crossover signals close the current side and open the other. Exits combine a fixed dollar stop with a trailing stop that activates after a favorable move; the script also tracks entry, stop, and trailing levels for chart display.

The excerpt gives implementation details but no performance results or market-specific evaluation. Its stop and trailing amounts are expressed in dollars and converted to ticks using the instrument’s minimum tick size, so their practical meaning depends on the market and contract. Commission is set to zero, and the text cuts off during the plotting logic. The shown settings therefore do not establish profitability or account for trading costs and execution effects.

Key ideas

• Fast and slow EMA crossovers provide the long and short entry signals.
• The strategy can limit trading to weekdays and a 15-minute chart.
• Position sizing uses the full equity allocation, with 10x margin settings.
• A fixed stop and an activated trailing stop manage exits.
• The excerpt provides no backtest results, and commission is configured as zero.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.