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Tendency EMA + RSI [Alorse]

A very simple and highly effective strategy LONG & SHORT that combines only 2 indicators:
  • RSI
  • 3 Moving Average Exponential (EMA)



LONG Entry conditions are:
  • EMA 20 cross over EMA 10
  • EMA 10 is above EMA 100


LONG Exit conditions are:
  • RSI greater than 70
  • Or when X number of candles have passed and the trade is in profit. (Check Settings)


SHORT Entry conditions are:
  • EMA 20 cross under EMA 10
  • EMA 10 is below EMA 100


SHORT Exit conditions are:
  • RSI is less than 30
  • Or when X number of candles have passed and the trade is in profit. (Check Settings)



3emaExponential Moving Average (EMA)exponentialmovingaveragesintradayscalpingstrategy

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