The first system I ever learned used 6 & 12 EMA's on a 1 or 5 minute chart. Split the chart into 3rds and use sup/res lines taken from larger timeframes. This is pure momentum trading and not a very profitible way to trade in my opinion (great for learning your trading station though). It is an in and out quickly system and must be babysat. The whipsaw on these timeframes was tooooo much.
Quoting truccoDislikedI was wondering if using ema`s indicators on a 1 or 5 minutues chart has a sense or is too risky ?
cheers,
christianIgnored