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Bullish Matching Low with EMA (Long Trades)

This is an improvisation over the plain vanilla bullish matching low. A buy signal is generated when the following conditions satisfy –

1)Two consecutive red candles appear

2)Low of both the candles match

3)Close of both the candles match

4)A crossover of 21 and 9 day EMA occurs

A sell is generated when two consecutive red candles appear.

Buy script

Sell script

Additional notes

The sell condition is just a place holder, only to provide an exit to the long trade. The trader can replace this with an intelligent exit strategy.