This is one of the simplest and easiest to use strategies you will find. You can trade it in all different types of markets and on all of your time frames.
When using the triple EMA crossover strategy you are adding three EMA’s to your chart.
In the example below we are using the 10, 21 and 50 period exponential moving averages.
The 50 period acts as the longer term moving average. The 21 period is the control and the 10 period is the faster acting moving average.
When using the triple crossover strategy we are looking to see where and how the EMA’s cross.
In the example below the fast moving 10 EMA moves below the 21 EMA. When we see this we know that a new move lower could be on the cards. When we see both the 10 and 21 period EMA’s move below the 50 period EMA the move lower is confirmed. This is when we would start to look for short trades and ride the next move lower for profits.
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