Gold FuturesEducation
How to ride trend and exit positions using Shlionz MAs
Buy Signal:
Trend Start: Buy when EMA 50 crosses above EMA 200.
Pullback Entry: Buy when the price pulls back to MidBB or EMA 50 in an uptrend, with WMA 10 crossing above MidBB.
Confirmation: EMA 5 crossing above EMA 10 (WMA 10) can serve as additional confirmation for entry.
Sell Signal:
Trend Reversal: Sell when EMA 50 crosses below EMA 200.
Pullback Exit: Sell if WMA 10 crosses below MidBB or EMA 50 after a pullback.
Confirmation: EMA 5 crossing below EMA 10 (WMA 10) can signal a potential exit or further downside.
Risk Management:
Stop-Loss: Below MidBB or EMA 50.
Take-Profit: At key resistance levels or based on a risk-to-reward ratio.
Implementation Summary.
Buy Entry:
EMA 50 crosses above EMA 200.
Price pulls back to MidBB or EMA 50.
WMA 10 crosses above MidBB.
EMA 5 crosses above WMA 10 for confirmation.
Sell Exit:
EMA 50 crosses below EMA 200.
Price closes below WMA 10 and MidBB.
EMA 5 crosses below WMA 10 for confirmation.
Incorporating EMA 5 adds a faster-moving element to your strategy, helping you to react more quickly to short-term changes and providing additional confirmation signals.
Trend Start: Buy when EMA 50 crosses above EMA 200.
Pullback Entry: Buy when the price pulls back to MidBB or EMA 50 in an uptrend, with WMA 10 crossing above MidBB.
Confirmation: EMA 5 crossing above EMA 10 (WMA 10) can serve as additional confirmation for entry.
Sell Signal:
Trend Reversal: Sell when EMA 50 crosses below EMA 200.
Pullback Exit: Sell if WMA 10 crosses below MidBB or EMA 50 after a pullback.
Confirmation: EMA 5 crossing below EMA 10 (WMA 10) can signal a potential exit or further downside.
Risk Management:
Stop-Loss: Below MidBB or EMA 50.
Take-Profit: At key resistance levels or based on a risk-to-reward ratio.
Implementation Summary.
Buy Entry:
EMA 50 crosses above EMA 200.
Price pulls back to MidBB or EMA 50.
WMA 10 crosses above MidBB.
EMA 5 crosses above WMA 10 for confirmation.
Sell Exit:
EMA 50 crosses below EMA 200.
Price closes below WMA 10 and MidBB.
EMA 5 crosses below WMA 10 for confirmation.
Incorporating EMA 5 adds a faster-moving element to your strategy, helping you to react more quickly to short-term changes and providing additional confirmation signals.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.