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Ema System Ajeet v1.0

4 676
This is a 5 min, Trend following system
using two Ema's: 20 and 50
Probability of hitting the target is high when both Ema's are:
Rising and almost parallel, for Buying
Falling and almost parallel, for Selling
This will decrease the number of entries but probability of hitting the target is 88%
(Tested on 8 months data for FnO scrips cash on 5 mins data)
Target fixed at 1% or you can trail
SL fixed at 1% or you can take close above Ema20 as stop for buying and vice versa
I tested it on FnO stocks Nseindia with 5 mins chart, you are free to explore
-Ajeet Singh
版本注释
Some good signals were skipping in ver 1.0
(pointed by my friends)
so now made little more robust
版本注释
changed colors (v 1.1)
版本注释
EMA's has been enhanced for better accuracy

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