Friday, December 6, 2019

Crisscrossing of 3 and 8 Exponential Moving Average - A buy trigger on New 78 Day High

Moving Averages especially the exponential one is very potent when you are able to combine its strength along with other scenarios.

In this practicum try to learn to set-up the EMA crosses on Accelotrade Chart so you can easily decipher a good pattern similar to what I am showing you.

The crisscrossing of 3 and 8 ema can become your buy trigger when the following conditions are met:

 1. These 2 smaller emas are right above the 30, 50 and 200 EMAs
 2. A New 78 Day High had occurred accompanied with heavy volume
 3. The 30 and the 50 EMA had crossed above the 200EMA

Try to look for these set-up using data from Stockfetcher's New 78 Day High Offset.


In the example, the current date on stockfetcher is Dec. 5, 2019. Placing an offset of 66 days, resulting data in table would fetch stocks with New 78 Day Highs occurring on Sep. 3, 2019. If you have a different current date just adjust the number of days offset accordingly.










Take 5 stocks from this list and Practice them on Accelotrade Practice Mode with Open Date reset on Sep. 3, 2019.


Visit Accelotrade Academy on youtube to learn this set-up.
https://youtu.be/ZtujhP4SKe4
And please subscribe on this channel so you get notifications with the new videos being uploaded. 

Cheers and have a good one.

1 comment:

  1. Thanks for sharing. It very useful and great blog for eachone.
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