Simple EMA Strategy
(Note: it is only for educational purpose , dont try without paper trading)
Chart Setup
- 1. 15 mins timeframe for intraday
- 2. Exponential Moving Average - ema(close, 15) color green
- 3. Exponential Moving Average- ema( high, 50) color yellow
- 4. Exponential Moving Average ema(low, 50) color red
Buy entry = ema 15 period cross over ema (high, 50) green line cross yellow line next candle open is entry
Buy Exit = previous nearest resistance(15m) point is buy exit
in this picture buy entry = 29454
buy exit = 29568 totally you getting 100 more points in the strategy.
Sell Entry = ema15 cross under ema high 50 (green line cross under yellow )
sell = 29427 because (green line cross under yellow line next candle)
Sell Exit = 29000( previous support point is sell exit)
you keep monitoring and paper trading this strategy.
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