JasonRS

Recruit
Messages
3
This strategy works best in 5 minutes timeframe so it's named as 5minutes Golden Crossover Strategy
Here EMAs Used - 4,9,18
4 cuts 9 & 18 from above - Sell Entry
4 cuts 9 & 18 from below - Buy Entry
EMAs Sequence must be formed for a valid entry - Always
Adding PIVOTS to Golden Crossover gives the extra confirmation
The best entry will always be the entry with a small stop loss
You can trail the stop loss using EMA18
Word of wisdom - Trail stop loss above pivot when EMA18 is close to the pivot
  • ✓ Entry - 20 sec before the candle closes
  • ✓ Exit - 20 sec after the candle opens
    Bonus Point -
    * When the price is unable to break EMA 9, stay in the trade
    * Entry - 15-20 sec before the candle closes
    * Exit - 15-20 sec after the candle opens


    FAQ’s
    1. What is the sequence for the BUY signal in Golden crossover?
    ➢ Starting from the top 4, 9, 18 should be the sequence for BUY signal in Golden Crossover.
    2. What is the sequence for the SELL signal in Golden crossover?
    ➢ Starting from the bottom 4, 9, 18 should be the sequence for theSELL signal in Golden Crossover.
    3. Till when should we hold the trade-in golden crossover?
    ➢ We should hold the trade until the price closes below 9 EMA
    (On a trending day) or 18 EMA in BUY trade and until the price closes above 9 EMA (On a trending day) or 18 EMA in SELL trade.
    4. Can we buy at every crossover?
    • ➢ No, we should always look for the sequence but also look at the
      levels as we will never buy close under resistance and never sell
      close above a support level.
    • ➢ This is why including Pivots in this strategy gives us an extra
      advantage.
 

Attachments

  • Screenshot 2022-06-01 at 13.28.48.png
    Screenshot 2022-06-01 at 13.28.48.png
    116.4 KB · Views: 16
  • Screenshot 2022-06-01 at 13.29.01.png
    Screenshot 2022-06-01 at 13.29.01.png
    113.5 KB · Views: 17
  • Screenshot 2022-06-01 at 13.29.18.png
    Screenshot 2022-06-01 at 13.29.18.png
    166.6 KB · Views: 16
  • Screenshot 2022-06-01 at 13.29.28.png
    Screenshot 2022-06-01 at 13.29.28.png
    128.5 KB · Views: 14
Top