IndianAnalyst

Simple Swing Trading Strategy

Long
NASDAQ:DISH   DISH Network Corporation
For Education purpose only:
1. Chart time Frame - 1 hour.
2. Convert the candles to Heikin Ashi Candles.
3. Apply two Indicators - MACD & Crossover of 10 EMA - 20 EMA .
4. Buy when MACD lines crosses signal line from below & 10 EMA crosses 20 EMA from below & confirmation of 2 green heikin ashi candles. All three conditions to be met. Buy above high of second green heikin ashi candle, keep SL below that second candle and book your profits when reversal crossover (10&20) happens again.
For sell Entry do exact opposite.
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