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2 votes

5 EMA reversal trading

Hello Greetings, I am interested in EA of 5 Exponential Moving Average Reversal trade. Its 15 mins or 30 mins time frame. Logic is that 5 EMA is should always touch candle if its not touching 5 EMA then it means price diverting from its mean so we are finding reversal trade. Set up for Buying Current 15/30 mins candle high should not touch 5EMA line – Signal candle High of Signal candle is Entry Low of Signal Candle is Stop Loss Target is 3 times of the SL Next after Signal Candle, if High is not broke then Next candle will be the signal candle if this high is not touched to 5 EMA Set up for Selling Current 15/30 mins candle Low should not touch 5EMA line – Signal candle Low of Signal candle is Entry High of Signal Candle is Stop Loss Target is 3 times of the SL Next after Signal Candle, if Low is not broke then Next candle will be the signal candle if this Low is not touched to 5 EMA Please provide contact details like email so that I can send few snips with Charts for detailed explanations Thank you Vijay Shriyan

Under Review

vjy191080 shared this idea