I’ve developed a 4 EMA strategy using the following exponential moving averages:
9 EMA
20 EMA
50 EMA
100 EMA
Timeframe: 1 Hour
What are your thoughts on this strategy?
I’ve developed a 4 EMA strategy using the following exponential moving averages:
9 EMA
20 EMA
50 EMA
100 EMA
Timeframe: 1 Hour
What are your thoughts on this strategy?
Using multiple moving averages is a chart set-up which some traders use to confirm a trend which they want to follow with a trade, also to compare different trends on different market charts.
Set-ups like this are a useful and valid starting point when designing a strategy.
It’s missing RSI & MACD. Other than that, it backtests great.
Thanks you
Thank you bro
Very similar to the system I use -
I trade low timeframes 5mins - 1min confluence with Keltner (shift/multiplier of x1). Keltner keeps you out of sideways ranges if set to multiplier x1.
IE take trade when low EMA 9 or 8 (I use 8EMA) is accelerating out of channel.
Yeah yeah I have seen people make good gains from strategies based on this idea.
Thank you so much
Thank you.
There was someone that made a lot of money off it. Idk if it was luck or crazy skill.
Which strategy? Is a list of 4 moving average a “strategy,” these days?
Ooh. My strategy also uses EMAs, but I’ve never tried using more than 2.
Interesting though! I’d love to see how you use this in action. Do you plan to create a trading journal of some sort?
Interesting strategy. How’s it working out for you so far?
Yes me too, only one EMA
If you have good method, just tell me the rule, I can compose an EA for it. Using EA, you will know the real result by back-testing it.
Many methods are good visually, when it put in strict trading environment, it fails.
Btw, I am using 3 EMA in one of my strategies. Slow MA for trend identification, fast and medium MA for marking support and resistance. On certain instrument, can be trade by identifying golden/death cross.
Actually not a bad system at all-tweaking a bit I use on one hour chart is a 50simple ma with a 5 exp but also incorporate two other indicators,Atr,and average directional (adx) if adx trending up i call trend power,then look at other time frames,all go take a trade the atr tells me helps me work out how many pips to get-more into it but just think if trend is up or down on ma do not go against it,just wait-anyway Some days do ok others not,never forget the news comming out can hurt one -cya happy trading simple systems do work
I will develop a trading bot using this strategy in Python, but I am confused about what strategy with less false signal to develop
Could you share any tips?
Thank you so much
I don’t know about anyone specific, but if you check the accuracy of this sort of strategy, I would say you can get a good trade in 70% of the times.
He’s a member on here somewhere. He had an identical strategy, over 90% win rate, was up over $100k when I last saw. I think he may have started a hedge fund with the 4 EMA Strategy.