EMA and SMA Buy/Sell Signals with 1:2 RR

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Here's a Pine Script for TradingView that provides buy and sell signals using the EMA (Exponential Moving Average) and SMA (Simple Moving Average). It also calculates targets for a 1:2 risk-reward ratio. You can modify the parameters such as EMA length, SMA length, and stop-loss distance to suit your strategy.

Ema Sma Signal

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This script calculates buy and sell signals based on the crossover of the EMA and SMA. When a crossover occurs, it displays the entry price, stop-loss, and take-profit levels on the chart with labels.

Key Features:
Inputs for EMA/SMA Lengths: Easily configurable EMA and SMA lengths.
Dynamic Stop-Loss and Take-Profit: Automatically calculates levels based on the input risk-reward ratio.
Visual Signals: Labels and background highlights for buy/sell signals.