EMA 89 Strategy [PDF]

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SAMEER KUTTI says: February 2, 2014 at 12:40 am This strategy can be applied to any timeframe and to any security. There are no guarantees implied with this strategy and losses can and may occur. This strategy is presented for educational purposes only. Online Trading Academy, its affiliates and Brandon Wendell cannot be held liable for any losses that you may have while employing this strategy in any markets. Long Strategy 1. Place the 8EMA and 89EMA on your chart 2. When price and the 8EMA cross above the 89EMA you are establishing an uptrend in your timeframe 3. This trade will work best if the larger timeframe is also in a bullish trend a. Trading on 5 min, use 30 min b. Trading on 15 min, use hourly c. Trading on 30 or 60 min, use daily d. Trading on daily, use weekly 4. Look to buy when price retests an up-sloping 89EMA for the first time only a. Price should also be testing a fresh demand level, trade is less likely to work without demand b. The 8EMA cannot cross the 89EMA c. Price can cross the 89EMA but cannot break demand d. Additional confirmation from an oversold CCI, Stochastic or RSI 5. Place your stop below demand or 1 x ATR below the 89EMA 6. Target is the next supply level This strategy can be applied to any timeframe and to any security. Short Strategy 1. Place the 8EMA and 89EMA on your chart 2. When price and the 8EMA cross below the 89EMA you are establishing an downtrend in your timeframe 3. This trade will work best if the larger timeframe is also in a bearish trend a. Trading on 5 min, use 30 min b. Trading on 15 min, use hourly c. Trading on 30 or 60 min, use daily d. Trading on daily, use weekly 4. Look to sell short when price retests an down-sloping 89EMA for the first time only a. Price should also be testing a fresh supply level, trade is less likely to work without supply b. The 8EMA cannot cross the 89EMA c. Price can cross the 89EMA but cannot break supply d. Additional confirmation from and overbought CCI, Stochastic or RSI 5. Place your stop above supply or 1 x ATR above the 89EMA 6. Target is the next demand level DEAR SIRJI PLEASE MAKE ME CODING THANX ¶ Reply



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Nithin Kamath says:



February 4, 2014 at 8:13 pm AlgoZ works on intraday basis and considers the strategy based on today’s condition. Demand factor is not included in pulse. Trend logic code: Trend(sma(close, 14)) = up



------------------------------------------------------------------------------------------------------------------------------------------Bose says: May 15, 2015 at 8:03 pm Hi NIthin, This is my stragery, every sell signal and Exit Short works fine, its just that i am not getting any buy Signals although when I checked it on the Chart it should have given many buy signals. Please help me, TradingQandA though being a great website is very slow, Whereas your replies are brisk. Please tell me what is wrong with this code here on this page itself. I wrote the strategy myself yet something seems to be wrong with it. BUY Signal – WWS(CLOSE,5) > WWS(CLOSE,8) > EMA(CLOSE,40) > SMA(CLOSE,75) AND MACDSIGNAL (13, 26, 9, EXPONENTIAL) > 0 AND AND DIP(14)>25 ADX(14) >28 SELL Signal – WWS(CLOSE,5) < WWS(CLOSE,8) < EMA(CLOSE,40) < SMA(CLOSE,75) AND MACDSIGNAL (13, 26, 9, EXPONENTIAL) 25 AND ADX(14) >28 Exit Long – MACD(13, 26, 9, EXPONENTIAL) > MACDSIGNAL (13, 26, 9, EXPONENTIAL) AND CLOSE < EMA(CLOSE,40) OR CLOSE < OPEN AND REF (CLOSE, 1) < REF(OPEN, 1) AND REF(CLOSE, 2) < REF(OPEN, 1) Exit Short – MACD(13, 26, 9, EXPONENTIAL) EMA(CLOSE,40) OR CLOSE > OPEN AND REF(CLOSE, 1) > REF(OPEN, 1) AND REF(CLOSE, 2) > REF(OPEN, 2) Please help me out, My script is almost done just a bit of correction from your end will do wonders. Again, Buy and Exit Long are not giving any signals. Bose says: May 15, 2015 at 8:12 pm The above one had a few errors, if corrected them still the problem persists. Buy – WWS(CLOSE,5) > WWS(CLOSE,8) > EMA(CLOSE,40) > SMA(CLOSE,75) AND MACDSIGNAL (13, 26, 9, EXPONENTIAL) 25 AND ADX(14) >28 SELL – WWS(CLOSE,5) < WWS(CLOSE,8) < EMA(CLOSE,40) < SMA(CLOSE,75) AND MACDSIGNAL (13, 26, 9, EXPONENTIAL) 25 AND ADX(14) >28 Exit Long – MACD(13, 26, 9, EXPONENTIAL) > MACDSIGNAL (13, 26, 9, EXPONENTIAL) AND CLOSE < EMA(CLOSE,40) OR CLOSE < OPEN AND REF (CLOSE, 1) < REF(OPEN, 1) AND REF(CLOSE, 2) < REF(OPEN, 1)



Exit Short – MACD(13, 26, 9, EXPONENTIAL) EMA(CLOSE,40) OR CLOSE > OPEN AND REF(CLOSE, 1) > REF(OPEN, 1) AND REF(CLOSE, 2) > REF(OPEN, 2) Please look at this one.



-------------------------------------------------------------------------------------------------------------------------------------ksjoseph says: February 19, 2014 at 5:13 pm Hello Nitin, I am just new to trading and was just trying to learn and create strategies. The idea of my strategy is just Buying the scrip when all the conditions are satisfied: When the CMP (Current Market Price) > EMA.(Period 14) + MACD upward cross + RSI should be above 65. Now just check my formula BUY = CMP>EMA(CLOSE,14) AND MACD(26,13,9,EXPONENTIAL)>MACDSIGNAL(26,12,9,EXPONENTIAL) AND RSI(CLOSE,14) Ema(Close, 14)) and (Rsi(Close, 14) > 35) and MACD(26,13,9,EXPONENTIAL) > MACDSIGNAL(26,12,9,EXPONENTIAL) Sell: (Last < Ema(Close, 14)) and (Rsi(Close, 14) > 65)



THREE CANDLE TRAILINFG SL



If possible please give me the coding to backtest this BUY Rule : 1 Point > Highest Price of Last 20 Candles SELL Rule : 1 Point < Lowest Price of Last 20 Candles Buy Exit : 1 Point Highest Price of Last 10 candles ¶ Reply



Nithin Kamath says:



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September 8, 2014 at 4:49 pm (MAXOF(REF(LOW, 1), REF(LOW, 2), REF(LOW, 3), REF(LOW, 4), REF(LOW, 5), REF(LOW, 6), REF(LOW, 7))) > close Need to extend this till 10 or 20 based on the requirement. ¶ Reply