Dear Steemit users, I want to share some strategies which helped me when i was starting trading.
To me trading is based only on technical and fundamental analysis, but when i was starting trading i found very useful using some Indicators which helped me to find better entry points on the market.
Today i am gonna write about EMA (Exponential Moving Average), basically most trading indicators are using moving averages with different parameters and EMA is one of them.
In this case you need to add two EMA's to your chart:
1-EMA with parameters 5 in period 0 in shift and apply to high.
2-EMA with the same parameters and apply to low.
after that you will see two lines on your chart.
Whenever the rising candlestick body will close on bottom line it gives us signal to BUY this asset
Whenever the falling candlestick body will close on top top line it gives us signal to SELL.
Ignore the situation when candlestick body closes on both lines
