Friday, December 25, 2009

Marketiva Indicator #1 (EMA + RSI)

JAN29


Indicator Setup:
  • Exponential Moving Average 5 (Blue) & Exponential Moving Average 20 (Red)
  • Relative Strength Index (RSI)


Buy Signal :
  • Blue Ema ABOVE Red Ema WITH slope angle > 30 degree. 
  • RSI index ABOVE 50 

Sell Signal
  • Blue Ema BELOW Red Ema WITH slope angle > 30 degree. 
  •  RSI index BELOW 50

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