Author: Jason Robinson (jnrtrading)
The EMA Crossover Signal indicator is straightforward, but it does require some mental and psychological discipline.
- If you're facing a loss (say, at 9:15), and an opposite signal pops up, don’t hesitate—close that losing position right away. Trust me, any gains you make will cover for it.
- When big news is on the horizon, this system might not be your best friend. It’s better to wait for the dust to settle.
Steer clear if there’s just a 10-point fluctuation; it’ll only add to your headaches.
- IMPORTANT NOTE!
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The signal to open a position is only valid if the difference between EMA3 and EMA7 is at least 3 points. Otherwise, you risk getting caught in a “snake,” leading to a series of losses—which often happens in a thin flat market. Learn more here...
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