700# Scalping with EMA Difference
MTF EMA with EMA Difference
Pure Trend Following Scalping
Submit By Maximo Trader.
Scalping with EMA Difference is a scalping system trend following based on EMA. The signals are generated by EMA difference filtered by Two EMA's multitime frame. The strategy is very simple and is also suitable for beginners.
Setup Strategy
Platform: MT4-TradingView
Time Frame 3 min or higher.
Currency pairs any, indices, Gold, Crypto.
Indicators Setup
Time frame 3 min
EMA MTF 13, 15 min.
EMA MTF 21. 15 min.
Time frame 5 min
EMA MTF 13, 30 min.
EMA MTF 21. 30 min.
Time frame 15 min
EMA MTF 13, 60 min.
EMA MTF 21. 60 min.
EMA Difference (10, 50).
TradingView
MTF Dual EMA
EMA Difference histogram and Stochastic
Trading rules Scalping with EMA Difference
Sell
Price is under the MTF EMA13 and EMA21 and the Difference Indicator starts showing red (below 0)
Buy
Price is above MTF EMA13 and EMA21 and the Difference Indicator starts showing green (above 0)
Exit position
Place initial stop loss belo/above the previous swing high/low.
Exit when Ema difference changes directon or make profit with ratio stop loss 1:1.3.
Examples of trades
anon (Saturday, 25 May 2024 21:22)
crazy strategy. works perfect with proper RM.