Well, after much persuassion, i finally decide to put this easy but highly effective strategy i use on the thread...I've been shying away from this because of what it involves to keep a thread...I hope someone's life will be changed for the better using this.....Mine did...
On a 5 mins charts, insert the following indicators with these settings
1. Exponential Moving Average [EMA]
i. EMA 200.....applied to CLOSE... shift 0
ii EMA 55...... applied to CLOSE... shift 0
iii EMA 25......applied to CLOSE... shift 0
iv EMA 8.......applied to OPEN... shift 0
v EMA 5........applied to CLOSE... shift 0
2. RELATIVE STRENGTH INDEX [RSI]
Period 13..applied to CLOSE.... levels 20 and 80
Your graph should look like this
On a 5 mins charts, insert the following indicators with these settings
1. Exponential Moving Average [EMA]
i. EMA 200.....applied to CLOSE... shift 0
ii EMA 55...... applied to CLOSE... shift 0
iii EMA 25......applied to CLOSE... shift 0
iv EMA 8.......applied to OPEN... shift 0
v EMA 5........applied to CLOSE... shift 0
2. RELATIVE STRENGTH INDEX [RSI]
Period 13..applied to CLOSE.... levels 20 and 80
Your graph should look like this
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