Intraday with 10,15 ema in 5 minute time frame

#11
You can also use only one 8, or maybe 9 SMA and trade..

Setup would be:
price above the EMA go long with stop loss below the line,
and add if the next candle opens above the previous one,
trail stops to the close of previous candle or open of the current candle,
according to your conservativeness and aggressiveness.

Same for going short.

If any queries feel free to ask
Seems to hit stoploss quite often unless it is a trending market. Please post some instances with charts, if possible.

 

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