EMA Distance Labels

6시간 전

Prints buy and sell labels when two EMA's are a user defined distance from each other. When the EMA's drop below that threshold a range label is printed.

Example strategy:

1. Wait for a buy or sell signal.
2. Wait for the stochastic rsi to retrace to its extreme.
3. Enter when the Stochastic RSI crosses back into the trend direction.
4. Wait for the Stochastic RSI to reach the opposite extreme.
5. Exit when the Stochastic RSI crosses back against the trend direction.