EMA Crossover Scalping with RSI and Percentage Exits
Summary
This short-term system combines a fast and intermediate EMA crossover with a slower EMA trend filter and RSI confirmation. A long entry requires the faster EMA to cross above the intermediate EMA, price to be above the slower EMA, and RSI to lie within a stated band; the short setup reverses the crossover and price filter with its own RSI range. Each position receives percentage-based stop and target levels. The document describes the setup as intended for a 15-minute timeframe and gives the default stop and target percentages.
The published backtest settings identify ETH/USDT on Binance and a date range, but no performance results are reported. The source settings specify daily bars, which does not match the stated 15-minute framing. The text cautions that sideways markets can create false signals, indicator confirmation can delay entries, fixed exits may not adapt to changing conditions, and rapid moves may be missed. Volume, volatility, time filters, and adaptive exits are suggested for further investigation.
Key ideas
- A fast EMA crossing the intermediate EMA provides the entry trigger, with a slower EMA filtering trade direction.
- RSI bands confirm entries and screen out some extreme readings.
- Long and short trades use percentage-based stop-loss and profit-target levels.
- The document reports no backtest performance and its published bar interval differs from its stated intended timeframe.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.