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Divergence + EMAS' + Volume

2 123
Hi,

This strategy takes in consideration multiple factors: includes RSI divergence, plus cross of EMAs and volume
STRATEGY:
you can change the EMAs input best use for daily charts
BUY: ALERT:

WHEN RSI divergence ABOVE 0 AND EMA 5 CROSS-OVER EMA 12
AND THE CANDLE NEED TO CLOSE ABOVE BOTH MOVING AVERAGE
And THE VOLUME BAR NEED TO BE HIGHER THAN THE PREVIOUS ONE
Then a buy signal will appear

SELL ALERT:

WHEN RSI divergence BELOW 0 AND MA 5 CROSS-UNDER EMA 12
AND THE CANDLE NEED TO CLOSE below BOTH MOVING AVERAGE
THE VOLUME BAR NEED TO BE HIGHER THAN THE PREVIOUS ONE
Then a sell signal will appear



Ema 200 FILTER. :::
When this box is activated, all trades under the EMA 200 will not appear on the chart,, when deactivated, trades will appear. On the chart.

that way u prevent wrong trades. obviously u will need to use support and resistance to find re entry point or the lowest point when under the 200 EMA.
No strategy is perfect but this one get close to it.

VOLUME: the volume box is turn off , only to display or not display in the chart, but is considered on the math within the strategy so by turning off you are only turning off the visual part

any questions feel free to ask, thanks!

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