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TEB: 20 ​​RSI and 5 & 12 EMAs (TEB: 20 ​​RSI and 5 & 12 EMAs)

author EAcpu | 3 reads | 0 comments |
Simple system you can personalize:

For anyone reading this topic
In any case, this article should not be considered trading advice - it is meant to help provide some ideas,
I am not responsible for anyone's transactions. Win or lose.
If you trade this system, any trades you make based on the information in this thread are solely your responsibility.
I am not responsible for any transactions made by anyone.
It is in no way considered a trade call or trade signal or trade advice .
I recommend that you trade using a demo account until you feel you can trade responsibly on your own.
Never trade with real money - until you can take responsibility for your trades.
Never trade money that you cannot afford to lose, as you will most likely lose it.
85% of traders lose all or most of their trading capital.
So trading it is very risky, so be careful.

Tool or indicator or oscillator used on this thread
I also saw threads on FF dying one after another.
Because after a few weeks people add this and that it's not the same topic anymore
Only the following tools work with 5 &12 EMA and 20 RSI on our charts
- No other tools - indicators and/or - oscillators .
SDZ, trend lines, and support and resistance levels (SDL) are all available.
There are also regular candles - no RSI candles or trading bars.
Let's all do the same thing so it's easier to see and understand
Anyone posting anything else will be banned - that's the only way

For 20 RSI - Template - please read posts 8, 10, 11 and 160

tool:
20 RSI showing the 45, 50 and 55 levels - I usually draw a red line at the 50 level
EMA - 5 and 12 Closed Standard Candles - Momentum Candles (MC)
Supply and Demand Zone (SDZ) Number of Rounds (RN)

Time range:
The main time frame is one hour - on really strong trends I drill down on the 15 minute chart.
But only if I miss the hourly trade - this is still a true hourly trade Look for suitable stop loss points on the hourly or 15 minute chart There must be a strong trend on the cover chart - the four hour and daily charts show this, with an RSI of 20 on these timeframes.
Look for targets on the 4-hour and/or daily charts. (sometimes once a week)

Trading Charts - One Hour Trend and Target Charts - Four Hourly and One Day (sometimes weekly)
Trigger chart - 15 minutes (and hours)

secret :
1. It is to get a good return-to-risk ratio (RRR)
2. To do this you must have excellent - SET rules: (Stop Loss, Entry and Target)
3. It is a great trend and retracement system - not a top and bottom system. You want to find the sweet spot within the trend.

Entry: Buy: (opposite is Sell)
1. 5 EMA breaks through 12 EMA - (retracement)
2. Price breaks or exceeds the 55 level of the 20 RSI (trend)
3. To trade in line with the larger four-hour and intraday trends, use the 20 RSI on these charts (large chart)
4. Good targets and good stops – hence a good risk-to-reward ratio (RRR)
5. Candlestick chart (Entry) that is easy to view and understand
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