Step 1: Set time frame : 5 mins. (We are using trading view chart for purpose of this post. )
Step 2: Add indicator: Moving average exponentials two times.
Step 3: Set 1st moving average length to 50 days and 2nd to 200 days. You can change color for better readability.
Step 4: Principle to follow: If any stock is below 200 days moving average, we call it down trend else if it is above we will call it in up trend.
Step 5: Strategy : When ever any big candle crosses 50 days moving average take the trade. Initially take small trade and increase your win percentage.
Note: Always take trade in the direction of trend. Never break rule, avoid greediness.
Note: Analysis content for education purpose only. Before investing do more research, consult your investors.
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