EMA Trend Following Strategy with Compression Check

This strategy reviews the first 2 hours of the daily crypto trading session and assesses whether or not the session is likely to be a trending session or one of chop.

If the 12/21 EMA bands flip more than once during the first 2 hours of the session, it is written off as chop and no trade is placed. If the bands start bullish and but are compressing within the first 2 hours of the session, no trade is placed.

A trade is placed if the bands hold their order and don't compress within 2 hours of the session starting.