STRATEGY INGREDIENTS * DAILY chart * 10 ema on daily * 50 ema on daily
STRATEGY RECIPE SUMMARY Wait for a CLOSE BELOW the 10 ema on the daily chart ...YESTERDAY. Wait for a CLOSE ABOVE the 10ema TODAY...ensure the price action is ABOVE the 50 ema on the daily chart ...buy at the close if the green arrow indicator is shown. Be sure to get your order filled BEFORE the market closes -- if you are using directional options...b/c you know, the options market doesn't have after hours.
BE AWARE of your own risk tolerance...step stops at appropriate levels...Take responsibility for your own trades. BACKTEST this strategy before using a LIVE MONEY TRADING ACCOUNT.
릴리즈 노트
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I small tweak... changed the sma50 to ema50 and the green arrow only shows when the ema10>ema50
Could you explain what your numbers mean on your MOMO. They are close to the numbers next each stock on the stock bar (open close high low ). Those numbers changes with every candle that you place your curser under. Your numbers change with each candle also, however the numbers are a little off. they don't seem consistant with the (O H L C) of the stock bar. yours are a little lower for each one.
If I'm doing backtesting with momo should I use the numbers next to the stock (O H L C) for what the value is at close or your number (far right) as the close amount that MOMO uses?
Thanks for any help.
Steve
MattDeLong
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***HOW TO ADD TO YOUR CHARTS***
1) Click the "Add to Favorite Scripts" button
2) Go to a stock chart and click the "Indicators" icon at the top
3) Next, on the left, click the "Favorites" and then click the "10ema Basic Swing Trade Strategy"
4) It should appear on your charts, and you can click the "gear" icon on the study to edit a few settings.
5) Read the release notes above so you understand how it works.