Dear traders
I am new to this forum but I have 5yrs experience in trading.I have 60 - 70 % winning strategy.it is very simple strategy.it can used for all time frames and all kind of trading.
Indicators:
Ema 50
RSI 14
Times frame:
5,15,30,1h,1day
Trading type:
Intraday,positional trading.
Strategy:
Buy when price close above 50day EMA and RSI above 50-55 readings.
Stop loss:
After entry place stop loss low of the first bar which crossing ema50.
Exit:
When RSI 14 reaches above 70.
For short :
Follow the reverse.
This is very simple strategy.but it gives good winning trades.
First backtest and then go real trading.
I will share some charts soon.
Regards
Shareman
I am new to this forum but I have 5yrs experience in trading.I have 60 - 70 % winning strategy.it is very simple strategy.it can used for all time frames and all kind of trading.
Indicators:
Ema 50
RSI 14
Times frame:
5,15,30,1h,1day
Trading type:
Intraday,positional trading.
Strategy:
Buy when price close above 50day EMA and RSI above 50-55 readings.
Stop loss:
After entry place stop loss low of the first bar which crossing ema50.
Exit:
When RSI 14 reaches above 70.
For short :
Follow the reverse.
This is very simple strategy.but it gives good winning trades.
First backtest and then go real trading.
I will share some charts soon.
Regards
Shareman
Ema50 + Rsi14 intraday strategy
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