7/100 and 7/20 strategy
Based on TradingRoomApp 100/7 Crossover Strategy.
Strategy (Daily TF):
🔹Wait for 7 EMA to cross over 100 MA.
🔹Wait for 2 confirmation candles above.
🔹Enter on pullback near 20 MA.
🔹Target 200 MA / 70.6% Fib from highest high to lowest low.
🔹Average returns 50-150% in 4-8 weeks for good volume ALTs.
This is a seasonal strategy which is relevant for trading between October 2018 and next few months.
**** 4 Alerts in One! ****
For all crossovers and crossunders you will get an alarm with just one alert set.
Instructions to set an alert:
- Right click in the chart and choose 'Add alert...' or ALT + A.
- Choose '7/100 and 7/20 strategy' in 'Condition' dropdown menu'
- In second dropdown 'fastEMA' is selected automatically, you can leave it as it is
- In third dropdown '7/100 and 7/20 strategy' is already selected also and you can leave it as it is
- After that choose your other options and save the Alert.
Strategy (Daily TF):
🔹Wait for 7 EMA to cross over 100 MA.
🔹Wait for 2 confirmation candles above.
🔹Enter on pullback near 20 MA.
🔹Target 200 MA / 70.6% Fib from highest high to lowest low.
🔹Average returns 50-150% in 4-8 weeks for good volume ALTs.
This is a seasonal strategy which is relevant for trading between October 2018 and next few months.
**** 4 Alerts in One! ****
For all crossovers and crossunders you will get an alarm with just one alert set.
Instructions to set an alert:
- Right click in the chart and choose 'Add alert...' or ALT + A.
- Choose '7/100 and 7/20 strategy' in 'Condition' dropdown menu'
- In second dropdown 'fastEMA' is selected automatically, you can leave it as it is
- In third dropdown '7/100 and 7/20 strategy' is already selected also and you can leave it as it is
- After that choose your other options and save the Alert.
Release Notes:
No changes. Just a small bug-fix.