This Python code implements an EMA (Exponential Moving Average) crossover strategy for generating buy and sell signals based on the crossover of short-term and long-term EMAs.
The code relies on the following dependencies:
pandas
numpy
matplotlib
You can install these dependencies using the following command:
pip install pandas numpy matplotlib
#Screenshots
1.Prepare the data file:
->Replace 'BN.csv' with the appropriate file path to your own dataset in the code.
->Make sure the data file contains a column named 'Close' that represents the closing prices of the asset.
2.Set the input variables:
->emaShortLength: The length (period) of the short-term EMA.
->emaLongLength: The length (period) of the long-term EMA.
->reward_ratio: The desired risk-reward ratio for setting target and stop-loss prices.
3.Run the code:
->Execute the Python script to run the EMA crossover strategy.
->The script will plot the closing prices, the short-term and long-term EMAs, and indicate the buy and sell signals on the chart.
->The generated buy and sell signals will be printed in the console, along with the corresponding entry, target, and stop-loss prices.
import pandas as pd
import numpy as np
import matplotlib.pyplot as plt
Define the input variables
emaShortLength = 5
emaLongLength = 20
reward_ratio = 2 # Risk-reward ratio
Read the data into a DataFrame (replace with your own data)
data = pd.read_csv('BN.csv')
Close = data['Close']
Rest of the code... ...
This project is licensed under the MIT License.
The pin Script of the same code version is mentioned in the below github feel free to checkout and implement in Tradingview.