This is a 5 min, Trend following system
using two Ema's: 20 and 50
Probability of hitting the target is high when both Ema's are:
Rising and almost parallel, for Buying
Falling and almost parallel, for Selling
This will decrease the number of entries but probability of hitting the target is 88%
(Tested on 8 months data for FnO scrips cash on 5 mins data)
Target...
Hi Everyone,
This is higly tuned intraday Buy/Signal generator for Crudeoil. It works on any time frames below 30 mins. But, the best setting is 15 mins.
How to use:
1. Just, apply this strategy to your crudeoil WTI instrument
2. Set your time frame to 15 mins
3. Buy the instrument whenever buy signal generates / Sell the intrument whenever buy singal...