This strategy is designed to leverage the power of EMA crossovers on 30-minute candle data, providing a clear and concise method for entering and exiting trades.
The strategy uses three key EMAs:
EMA 93: A short-term EMA, acting as the fast-moving average. EMA 700: A long-term EMA, serving as the slow-moving average. Exit EMA 4: A rapid-response EMA for precise trade exits. Entry Signal: The strategy triggers a buy when the EMA 93 crosses above the EMA 700 on 30-minute candles. This indicates a potential upward trend, providing a strong signal to enter a long position.
Exit Signal: The trade is closed when the Exit EMA 4 crosses below either the EMA 93 or EMA 700, capturing profits or minimizing losses by exiting before a potential reversal.
This strategy is perfect for traders looking to capitalize on medium-term trends with clear entry and exit points, optimized for backtesting on 30-minute candle data. Test it out to see how this setup performs across different market conditions!
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