EMARSI on Chart - FOREX

EMARSI on Chart - FOREX at a glance

Kind of rule	Breakout
Buys or sells	It can buy, and it can bet on falling prices.
Built on	ATR, Donchian Channels, EMA, SMA, Standard deviation, VWMA, WMA, RMA
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	8 cells: 8 coins, October 2021 to June 2026, no fee
Cells that placed a trade	2 of 8
Middle result before fees	+0.0%
Cells above zero	1 of 2
Middle drawdown before fees	0.0%
Page updated	2026-11-08

EMARSI on Chart - FOREX backtest results, every cell

Every cell is in the picture, not only the strongest. To the right of the black line is above zero. The orange line, when you see one, is the middle.

How EMARSI on Chart - FOREX works

Rules in this group usually work like this. It buys when price pokes above a recent high, and it bets on a fall when price pokes under a recent low. It is wrong often. It pays for those false starts with the few times price keeps going. How far back it looks decides how many pokes it takes. The next paragraph is this particular rule, which can be narrower than the group.

It can buy, and it can bet on falling prices. It acts only when several checks agree at once. It leans on ATR, EMA, RMA, SMA; those names are explained on their own pages, further down. The exact line is in the list below, in the author's names, and you can skip that list. When it enters, it also sets a stop or a target, so a trade can close without a new signal.

The author did not set a size, so each trade uses whatever amount the code assumes. It holds one trade at a time.

The exact condition, from the code

Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.

• Enters long when mapped RSI crosses above ma (mapped RSI, EMARSI Length (42), MA Type (EMA)).
• Enters short when mapped RSI crosses below ma (mapped RSI, EMARSI Length (42), MA Type (EMA)).
• Places a trailing stop when Enable Trailing Stop (on).
• Places a target at (the close × (1 + (Take Profit % (5) / 100))) when Enable Take Profit (on).
• Places a target at (the close × (1 − (Take Profit % (5) / 100))) when Enable Take Profit (on).

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	ATR, Donchian Channels, EMA, SMA, Standard deviation, VWMA, WMA, RMA
A second chart speed	No. It uses one chart speed only.
Only at certain hours	No.
Adding to a trade	It holds one trade at a time.
How much it trades	The author did not set a size, so each trade uses whatever amount the code assumes.
Cost the author assumed	The author assumed no trading cost.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

Setting	Default	Group
RSI Length	16	RSI Settings
Source	close	RSI Settings
RSI Base	0
MA Type	EMA	MA Settings
EMARSI Length	42
Deviation from Median	55
BB StdDev	2	MA Settings
Use Adaptive Scaling	on	Adaptive Settings
Minimum Tick Size	0.0001	Adaptive Settings
Maximum Scaling Factor	5	Adaptive Settings
Scaling Method	Price-Based	Adaptive Settings
Minimum Trend Duration (bars)	20	Strategy Settings
Use Filtered Signals	on	Strategy Settings
Enable Trailing Stop	on	Exit Strategy
Trailing Stop %	2	Exit Strategy
Enable Take Profit	on	Exit Strategy
Take Profit %	5	Exit Strategy
Position Size	1	Exit Strategy
Show Signal Markers	on	Visuals
Show RSI Line	on	Visuals
Show RSI MA	on	Visuals
ATR Period	14	Adaptive Settings

How the backtest was run

Every strategy was tried the same way, on the settings the author published.

The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.

599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.

The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.

Before any fee, it was tried on 8 cells. It placed a trade on 2 of them. 1 of the cells that traded finished above zero (50.0%).

It was not run a second time with a fee. That second pass happens only when at least 12 cells finished above zero before fees. 273 rules got that pass.

Cells tried	8
Cells that placed a trade	2
Finished above zero	1 (50.0% of the cells that traded)
Middle result, before fees	+0.0%
Strongest cell, the top of the range	ETH daily: +0.0%
Weakest cell, the bottom of the range	ADA daily: −0.0%
Middle drawdown, before fees	0.0%

Label: backtest · old prices, zero commission · Oct 2021 – Jun 2026. Hypothetical results; see the risk disclosure.

How to read the result

How to read the number

The median of every cell that traded is the result. No fee has been taken off, so the number is a ceiling. A fee comes off each trade, and this page does not guess that cost, because this rule did not get the second pass where the fee is applied. The weakest and the strongest cells are not a result on their own.

The middle drawdown, on the cells that traded, was 0.0%.

What this does not show

The useful question is what the false starts cost. Count the trades, not the one that kept going.

Nothing on this page was fit to the cell that finished highest. One coin, one chart speed, or one strong stretch is a single row. It is not the rule. Other years, another exchange, or another fee would be a different measurement.

Questions about EMARSI on Chart - FOREX

Words used on this page

Backtest

The rule was tried on old prices. No real money moved.

Cell

One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.

Chart speed

How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.

Fee, per side

A cost taken each time the rule trades. Per side means once on the way in and once on the way out.

Median

Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.

Drawdown

The deepest fall from a high point along the way, as a percent of the account at that high.

Above zero

The account finished with more than it started.

The indicators EMARSI on Chart - FOREX uses

Each has its own page: what it measures, how it is read, where it misleads.

• ATR (average true range): the volatility number behind most stops
• Donchian Channels: the highest high and lowest low, and the breakout rule they define
• Exponential moving average (EMA): what it measures and where it misleads
• Simple moving average (SMA): the plainest average, and why it still runs half the strategies
• Standard deviation in trading: the volatility measure inside Bollinger Bands and z-scores
• Volume-weighted moving average (VWMA): an average that listens to volume
• Weighted moving average (WMA): linear weights, less lag, and the price of it
• Wilder's smoothing (RMA): the average inside RSI, ATR and ADX

"EMARSI on Chart - FOREX" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.