Investing - Weekly EMA's mapped to Daily Chart

٢٥ مارس ٢٠١٩

When there isn't enough time in your day to day-trade, yet you want to utilise all the technical analysis skills you have... why not make a long term investing or swing trading indicator set to help you along the way!

So I did....

When it comes to long term investing and swing trading, I often find the weekly 12/26/52 EMA's do a great job in capturing the main market swings from bull to bear.

However, I like to use the Daily chart to see the candle patterns and shapes with more detail and divergences often show up better on the daily chart.

So I have decided to combine the two!

I have basically taken the EMA 12/26/52 from the weekly and transferred them over to the daily (mathematically they are not exact, but for me they are close enough).

I have also developed a simple scale in / scale out strategy for using these exponential moving averages. It isn't as simple as buying in on each signal, however I use my own special strategy to take advantage of the alerts.

Enjoy!