5 EMA Strategy
Steps to use 5EMA for investing:
-Use monthly TF on charts
-Add the 5EMA indicator
-5EMA should not touch the high of the monthly candle; we'll refer to this as the 'Alert candle'
-Entry point: following month candle crosses the high of the Alert candle
-SL: low of the alert candle
-Use monthly TF on charts
-Add the 5EMA indicator
-5EMA should not touch the high of the monthly candle; we'll refer to this as the 'Alert candle'
-Entry point: following month candle crosses the high of the Alert candle
-SL: low of the alert candle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.