Nifty Bank Index

5 ema stretegy

We will use 5 ema in this stretegy.
1. For selling :- If any candle close upper side of ema and any part of candle should not touch on ema then this candle is our alert candle. Now if next candle cross the low of alert candle then we will go to sell side with stoploss of high of alert candle .
2. For buying :- if any candle close lower side of ema then this is our alert candle , now if next candle crosses high of alert candle then we can go on buying side with stoploss of low of the alert candle.
In this stretegy we can have risk reward of 1:2,3

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