The is very popular in virtual currency trading (BTC/USD). ( ) differs from a ( ) by a weighted average being given to recent price data. The reacts much more quickly to recent price changes than the does.
Using , traders follow the 5-13 . When the 5 is above the 13 (green) the trend is strongly rooted . When the 5 is below the 13 (red) the trend is . Blue crosses signal when a trend has changed.
Waiting for confirmation is always better than attempting to picking exact bottoms or tops.
To help enhance visualization, you can bring forward TREND EMA indicator/chart overlay. This will help you better observe blue/red/green signals, Also, sending alerts to your email/phone is fastest way of knowing when a trend has changed. Simply add an alert 5 EMA crosses 13 EMA on 4 hour chart with signals ending at latest date possible.
If you want to activate an alert and receive an email, use the alert system 5 EMA crosses 13 EMA 4 hr chart. Act immediately when you receive an emailed alert via phone/computer.