This strategy is originally created and has been changed to adept to the current market direction. This has been tested for trading all Securities, Commodities and Futures. I like the way it define market motion.
It’s quite simple, what you need is 50 SMA, 35 EMA and 20 EMA attached on your 5M Chart. Open position when the angle of the 50 Simple moving average are greater than 20 degrees and the price retrace back into the zone of the 35 Exponential moving average and the 20 Exponential moving average.
