OVERVIEW
This Strategy provides the Demark 9 indicator and EMA50 combined.
It opens only long positions. The ideal timeframe for this scalp strategy is 5 minutes on low price stocks with momentum and volume .
- "Demark9 shows tops and bottoms of the market, before a price reversion."
The components are:
- EMA50: Exponential moving average (EMA50)
- Demark9
Rules:
- If demark9 Buy and above EMA50, open a position
- If demark9 Sell or below EMA9, close the position
If you have any questions, let me know !