Review: “Super Easy 3 EMA Trading Strategy” Crypto, Forex, Stocks

I test a profitable trading system that I found on the Trade Prime channel for 100 consecutive trades to see exactly how it performs. This 3 Exponential Moving Average (EMA) plus trend line system is more subjective than most that I test, but there is huge potential for optimization. To that end I give my 5 ideas on how to get the most out of this particular system plus a Trader’s Landing score. In addition to examining two different methods of taking profits.

⏱️ Timestamps ​​⏱️
00:00 - Start
03:36 - Indicators
01:25 - Long Examples
02:45 - Short Examples
04:12 - Testing Results & Equity Curve
05:31 - Trader’s Landing Score
05:43 - Optimization

⚙️ System Specifics ⚙️
🎹 Instrument: Bitcoin vs. US Dollar (BTC/USD)
⌛ Time Frame: 1-Hour (H1)
🏆 Trader’s Landing Score: 7

👀 TradingView Indicators
Name: Exponential Moving Average (EMA)
Inputs: 200 Period
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/

Name: Exponential Moving Average (EMA)
Inputs: 20 Period
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/

Name: Exponential Moving Average (EMA)
Inputs: 9 Period
By: TradingView Built-In
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/

☝️ Long Entry

1. Price must be over the 200 EMA.
2. Price must close below the 200 EMA while the 20 EMA is over the 9 EMA.
3. Price must close back above the 200 EMA while breaking the trendline of the pullback.
4. Enter on the close of candle that breaks the trendline and the 200 EMA.

👇 Short Entry

1. Price must be under the 200 EMA.
2. Price must close above the 200 EMA while the 20 EMA is under the 9 EMA.
3. Price must close back below the 200 EMA while breaking the trendline of the pullback.
4. Enter on the close of the candle that breaks the trendline and the 200 EMA.

🔥 Risk to Reward: 1:1.5

🛑 Where to place stop-loss:
For Longs: The lowest price level below the 200 EMA.
For Shorts: The highest price level above the 200 EMA.

🚀 Where to take profits: 1:1.5

⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.