CryptoTraderX.EMA.Rainbow
The strategy is called EMA Rainbow and from a technical point of view it is extremely easy. All this because it uses only one indicator, which is the exponential moving average (EMA). Word “Rainbow”, signals that we will use several different settings of this indicator but don’t worry it is very simple.
The Rainbow EMA strategy uses three exponential moving average EMAs:
6-period moving average (EMA 6)
14-period moving average (EMA 14)
26-period moving average (EMA 26)
long :crossover ema 6 and 26
short: crossunder ema 6 and 26
The Rainbow EMA strategy uses three exponential moving average EMAs:
6-period moving average (EMA 6)
14-period moving average (EMA 14)
26-period moving average (EMA 26)
long :crossover ema 6 and 26
short: crossunder ema 6 and 26