using EMA CROSSOVER with Williams Trend Indicator

Purely for Educational Purpose Only:

Indicators Used:
EMA CROSSOVER

Williams Trend


Chart: Use Heikenashi Candles (trend detection gets easier)

Signals: Buy Sell SIgnals are given by ema crossover indicator. Signals are triggered whenever EMA 5 crosses EMA25 in both directions.

Blue Line: EMA 200 Long-term Trend Detection
RED+GREEN Line: EMA100 Trend confirmation
smoothed heikenashi candles for ENTRY
parabolic SAR triangles for secondary entry signals
ENTRY Condition:
Buy: green candle + open above smooth candles+ ema 100 (Green Color) + open > ema200(blue line)
Buy Confirmation: WIlliams Trend oscillator is above ZERO LINE and Green Color

Sell: red candle + open below smooth candles + ema 100 (red Color) + open < ema200(blue line)
Sell Confirmation: WIlliams Trend oscillator is below ZERO LINE and Red Color

EXIT condition:
when ever candle closes below smoothed candles for Buy
when ever candle closes above smoothed candles for Sell
buyChart PatternscrossoverTechnical IndicatorsSARSELLsmoothedtrendTrend Analysis

Também em:

Publicações relacionadas

Aviso legal