exlux99

Crypto Scalper Divergence Macd Psar Ema 200

This is a very efficient crypto scalper adapted to very short timeframes, however it can be optimized for other timeframes and assests as well.

Its components are
MACD
P SAR
EMA 200
Risk management


Rules for entry:
For short : we have an uptrend on PSAR , histogram is positive (divergence MACD ) and close of a candle is below EMA 200
For long : we dont have an uptrend on PSAR, histogram is negative(divergence MACD ) and close of a candle is above EMA 200


Rules for exit:
We exit when we either find a reverse condition than the entry one, or based on stop loss/take profit that are calculated on % movements of the price.


If you have any questions, let me know !
סקריפט קוד פתוח

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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