Tendency EMA + RSI [Alorse]
A very simple and highly effective strategy LONG & SHORT that combines only 2 indicators:
LONG Entry conditions are:
LONG Exit conditions are:
SHORT Entry conditions are:
SHORT Exit conditions are:
- RSI
- 3 Moving Average Exponential (EMA)
LONG Entry conditions are:
- EMA 20 cross over EMA 10
- EMA 10 is above EMA 100
LONG Exit conditions are:
- RSI greater than 70
- Or when X number of candles have passed and the trade is in profit. (Check Settings)
SHORT Entry conditions are:
- EMA 20 cross under EMA 10
- EMA 10 is below EMA 100
SHORT Exit conditions are:
- RSI is less than 30
- Or when X number of candles have passed and the trade is in profit. (Check Settings)
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