Anybody here use ema? Ive created a strategy that is like a frankenstein of other ones.
-trade during peak times roughly 9 pm to 9 am PST
-Set EMA at 14
-Set RSI at 14
-Set bollinger bands (the BB are set automatically)
Entry
Open G/Y at a 15 min once a candle breaks the EMA check RSI if it is above 50 go long if it is below go short.
Exit
Either exit in the same candle as open if things dont appear to continue or move SL and TP till you hit Bands or RSI of <70 for long >30 for short
If any one has anything to add please do.
-trade during peak times roughly 9 pm to 9 am PST
-Set EMA at 14
-Set RSI at 14
-Set bollinger bands (the BB are set automatically)
Entry
Open G/Y at a 15 min once a candle breaks the EMA check RSI if it is above 50 go long if it is below go short.
Exit
Either exit in the same candle as open if things dont appear to continue or move SL and TP till you hit Bands or RSI of <70 for long >30 for short
If any one has anything to add please do.
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