Strategy based on 2 EMAs
Hello all,
I would like to know how to implement in CP this simply strategy. I found out of one Spanish trade mentor. 2 EMAs. Slow 400, fast 50.
EMA 400 is only to consider its slope. Positive slope means only buy trades, negative only sell trades. With this, the main problem with EMA trading, which is the side range, is minimized.
Open buy trade, when EMA 400 slope is positive and price cross up + close above EMA 50. Close buy trade when price close below EMA 50. For selling trades, the opposite.
Recomended TF: 30 min. TP, SL and trailing stop not required.
Regards
Thanks for your strategy !
Do you have any set file by which you are using BT or FT.
Thanks in advance for your kind reply !
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