Prio1989

Trend following using ema channel

Long
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
in this strategy we Buy when a stock or index give two higher close above the channel and sell when it closes two lower lows below the channel.

Comments

sir which period ema use
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Prio1989 tejbirdeswal99
@tejbirdeswal99, by default 20, which acts best from 1h, d,or w timeframe. you can also change the period as per your choice.
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@Prio1989, thanku so much sir ,, one think more second ema which period sir
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Prio1989 tejbirdeswal99
@tejbirdeswal99, same perio
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Prio1989 tejbirdeswal99
@tejbirdeswal99 I have shared the modified indicator for trend following, with BUY and SELL signal. name: PRIO Trend Following. Have a look, You may find it useful.
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