10 EMA Strategy This strategy is developed by Real Life Trading. Because I couldn't find an indicator for this strategy I programmed my own indicator.
The idea is to go long on the high of the first bear candle that opens and closes above the 10 EMA and to go short on the low of the first bull candle that opens and closes below the 10 EMA.
I am also programming a strategy with this indicator for better backtesting, when finished I will publish it here.
If you have any suggestions please leave me a message.
Rlt
50ema + 105emaIf price action is above the 50ema + 105ema on the 30-minute chart, be bullish.
If price action is below the 50ema + 105ema on the 30-minute chart, be bearish.
If price action is in-between buy off the lower when it acts like support and sell near the top ema which will act like resistance.
The purpose of this indicator is to show these 30-minute moving averages -- regardless of timeframe. This will only appear if you are using an intraday timeframe.
