EMA Crossover with RSI and ADX

เมื่อวาน

This strategy works on all instrument , Equity or Index. Best way to use this strategy is to take trade based on Price Action and then this strategy as confirmation on same.

Strategy Summary: EMA Trend Signals with RSI and ADX Confirmation
This strategy is designed to identify high-probability trend-based trade opportunities using Exponential Moving Averages (EMAs), RSI, and ADX indicators. It works on the principle of capturing strong trending moves while avoiding choppy, sideways markets.

Key Features:
Trend Detection:

Uses 9 EMA, 15 EMA, and 21 EMA to identify the overall trend direction.
Signals are generated only when the market shows strong trending behavior, avoiding false signals in sideways markets.
Signal Conditions:

Buy Signals:
When the 9 EMA crosses above the 15 EMA, and both are above the 21 EMA.
When the price pulls back to the 15 EMA (support) and resumes its upward move.
When the price takes support on the 9 EMA and breaks the previous candle's high.
Sell Signals:
When the 9 EMA crosses below the 15 EMA, and both are below the 21 EMA.
When the price pulls back to the 15 EMA (resistance) and resumes its downward move.
When the price rejects the 9 EMA and breaks the previous candle's low.
Confirmation Filters:

RSI:
Buy signals are confirmed only when RSI is above 55.
Sell signals are confirmed only when RSI is below 40.
ADX:
Buy signals require ADX > 22 to confirm a strong trend.
Sell signals require ADX < 19 to confirm a strong downtrend.
Avoiding Sideways Markets:

Incorporates a range-based filter to prevent signal generation when the price remains in a narrow range for 30 minutes, ensuring signals only in trending conditions.
How to Trade:
Buy Setup:

Wait for a BUY signal, indicated by a label at the candle low.
Check for a "Confirmed BUY" signal, which considers RSI and ADX conditions.
Enter the trade above the high of the signal candle with a suitable stop-loss.
Sell Setup:

Wait for a SELL signal, indicated by a label at the candle high.
Check for a "Confirmed SELL" signal, which considers RSI and ADX conditions.
Enter the trade below the low of the signal candle with a suitable stop-loss.
Customization:
Change the signal colors directly in the settings panel for better visual preference.
Adjust thresholds for trend strength and indicator parameters to suit different markets or instruments.
This strategy helps traders stay aligned with strong trends and avoid noise, making it an excellent tool for capturing meaningful market moves.

21 ชั่วโมงที่ผ่านมา

เอกสารเผยแพร่

Have put an arrow sign when price retraces from 15 EMA. On Crossover it gives BUY and SELL signal with text
Use retracement from 15 EMA as your trend continuation. Below 21 EMA price looses the momentum