20 EMA Daytrading Strategy

25 thg 7, 2020

20 EMA Daytrading Strategy


This strategy creates long and short signals based on a 20 EMA crossing condition. Works well in 4H timeframes or higher. Accuracy is around 60%.

BUY

• When a green candle crosses above 20 EMA
  
• Followed by another green candle which closes above the previous candle high
  

SELL

• When a red candle crosses below 20 EMA
  
• Followed by another red candle which closes below the previous candle low
  

Stop loss at ATR + 5
Take Profit at 1.3R