EMA 9/21 + ATR Stop-Loss / Owl of Profit

EMA 9/21 + ATR SL Strategy

This strategy combines Exponential Moving Averages (EMA) with a Stop-Loss based on the Average True Range (ATR) to create a robust trend-following system with volatility-based risk management.

Features:

Exponential Moving Averages (EMA):

Tracks short-term (9-period) and mid-term (21-period) trends.
Crossover signals indicate bullish or bearish trends for trade entries.
Average True Range (ATR):

Dynamically calculates Stop-Loss levels based on market volatility.
Protects trades by adapting to changing market conditions.
Entry and Exit Conditions:

Long Entry: Triggered when EMA 9 crosses above EMA 21 (bullish crossover).
Short Entry: Triggered when EMA 9 crosses below EMA 21 (bearish crossover).
Positions are exited when the Stop-Loss level, calculated using ATR, is hit.
Customization Options:

Adjust the periods for EMA and ATR to suit different trading styles or markets.
Modify the ATR multiplier for tighter or looser Stop-Loss levels.
Visualization:

EMA 9 and EMA 21 are plotted directly on the price chart for clear trend identification.
ATR-based Stop-Loss levels are dynamically calculated for each trade.
This strategy is designed for educational and testing purposes. Use it as a foundation for further backtesting and adapting to your trading approach.

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Happy trading!