#PIDILITIND #EMA #Alignment

#NimblrTA - Understanding EMA Alignment

NimblrTA uses EMA 5/21/55 on positional
1) Condition: Close > EMA 5 > EMA 21 > EMA 55
sets the tone for the alignment.
2) It must be have a momentum to reach the heights
3) Orange / Blue / Green lines gives EMA 5/21/55 on this chart
4) Crossover to align EMA for first time is the TGC (Triple Golden Cross)
5) Ratio of Absolute[(EMA5-EMA21)/(EMA21-EMA55)] gives the TGC Factor
6) TGC Factor b/w 0.382 - 2.22 indicates all EMA are equidistant from each other
This Condition to start a new journey is backed by momentum.