Quote:
Originally Posted by rykookyr
Looking at your screen shot and assuming the arrows are your entries/exits (correct me if I am wrong), you are taking longs when the 5ema is below the 50ema. According to your rules shouldn't you only be taking shorts until the 5ema goes above the 50ema?
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That is an EMA crossover indicator. It is not needed. I use it only as a visual aid. Signals are not based on it. Good observation though on the chart.