* 10 on daily
* 50 on daily
STRATEGY RECIPE SUMMARY
Wait for a CLOSE BELOW the 10 on the ...YESTERDAY. Wait for a CLOSE ABOVE the 10ema TODAY...ensure the price action is ABOVE the 50 on the ...buy at the close if the green arrow indicator is shown. Be sure to get your order filled BEFORE the market closes -- if you are using directional options...b/c you know, the options market doesn't have after hours.
BE AWARE of your own risk tolerance...step stops at appropriate levels...Take responsibility for your own trades. BACKTEST this strategy before using a LIVE MONEY TRADING ACCOUNT.
1) Click the "Add to Favorite Scripts" button
2) Go to a stock chart and click the "Indicators" icon at the top
3) Next, on the left, click the "Favorites" and then click the "10ema Basic Swing Trade Strategy"
4) It should appear on your charts, and you can click the "gear" icon on the study to edit a few settings.
5) Read the release notes above so you understand how it works.