EMA,Stochastic and RSI Trading Strategy

EMA,Stochastic and RSI Trading Strategy

21 November 2017, 15:33
Dragan Drenjanin
0
94
  • Instruments: All
  • Timeframes: All

Indicators:

EMA 5, EMA 10, Stochastic (14, 3, 3) and RSI (14, 70, 30)

Conditions for entering into transactions:

For buy transactions: EMA 5 crosses EMA 10 from bottom to top, Stochastic lines are directed upwards;  they should not be in the overbought zone; RSI indicator is above 50.

For sell transactions: EMA 5 crosses EMA 10 from top to bottom, the lines of Stochastic  are directed downwards and they should not be in the oversold zone; RSI indicator is below 50.

Exit:

Crossing of the moving average lines in the reversed direction, or intersection of these lines by the indicator RSI


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