Nifty 5-13 EMA-Offset Channel trading system is just the variant of the Advance Get 6-4 Channel trading system where a 6 day moving average is offset by 4day Moving average offset and the resulting indicator is plotted. In our case 5 EMA is offset by 13day EMA. Check out the Nifty daily and weekly charts for the recent buy and sell signal’s made by this trading system.
Buy and Sell Rules are Simple
1)Buy if the candle closes above the EMA Offset cloud
2)Sell if the candle closes below the EMA offset cloud
3)Trailing stop loss is Lower Cloud Value in case of Buy Signal and Upper Cloud value in case of Sell signal
Scanning,Exploration and Buy or Sell Signals features added to the trading system.