In this video I share some tips and advice on using the 10/5 EMA indicator I released on TradingView:
https://www.tradingview.com/script/mGiF4hNo-10-5-Weekly-Daily-EMAs-with-Confirmations/
Plots Daily and Weekly 10 & 5 EMAs (but fully customizable to your own).
In addition to plotting the EMAs it color coordinates trend bias and has cross confirmation signals.
Philosophy and how to read:
I use this indicator when trading strictly on the daily timeframe . I have not tested it on other timeframes.
In my trade system I start with both the monthly and weekly charts to define overall bias.
Here’s the general rule of thumb.
