It is advised to do backtesting on the instruments you want to trade. You can also play with the moving average as different instruments respect different moving averages, some would respect 50 while other may respect 20 or 100. Avoid this model in a sideways market when the moving average is flat / wavy. Trade when the EMA is trend up or down at a reasonable slope, 30-45 degrees or higher.
@smhetre1, because I backed tested this on lots of stock & so only apply 44 EMA on the chart when The price takes support on 44 EMA with a green candle buy on high on the day chart..& on the weekly chart 44 ema must rising