Feedback
traderjoe1's Post

For the beginners try 8 EMA in 5 min timeframe in #NIFTYBANK . It's a pretty old one but still works great.
Wait for the GREEN candle(alert candle) to close ABOVE 8 EMA and when the next candle breaks the HIGH of alert candle buy CE with the SL as LOW of alert candle. Target should be 1:2.
Wait for the RED candle(alert candle) to close BELOW 8 EMA and when the next candle breaks the LOW of alert candle buy PE with the SL as HIGH of alert candle. Target should be 1:2.
PRACTICE ON PAPER TRADES TO GET COMFORTABLE WITH IT THEN REAL WORLD TRADES.

30 Votes

22 Comments
22 Shares
View Votes
22 Comments
knk424
• Mar 15, 2023 5:51 PM

Apke startegy k hisab pura din stoploss me jata
@alchendra's activity - 38556564
View 3 replies
athens
• Mar 15, 2023 6:37 PM

Put giving great rewards
Same strategy take trades vice versa
View 2 replies
thedisciplinetrader
• Mar 15, 2023 7:33 PM

Will definitely test it, thanks for sharing it
soham97
• Mar 15, 2023 7:48 PM

Is there any settings for EMA indicators because there is 2 EMA in your chart please explain it once for better understanding 👍
View 3 replies
knk424
• Mar 15, 2023 6:39 PM

Entry after 8 ema candel high closing or bkout
View 2 replies
athens
• Mar 15, 2023 6:40 PM

Alert candle is close below 8 ema. Then pe trade when low of alert candle is broken
trader1742000
• Mar 16, 2023 2:37 AM

Plz share something for equity also....
View 1 reply
traderjoe1
• Mar 16, 2023 6:38 AM

Update: I hope everyone who traded 8 EMA booked good profits both in banking equity & banknifty index.
Note: Put a limit on the number of trades you take in index that'll increase profitability & less headache of watching the chart all day.
ashishyadav00413
• Mar 16, 2023 1:04 AM

Is it working
View 1 reply
vinay-Bkx2Ah4vc
• Mar 15, 2023 7:56 PM

super sir