Two EMA Breakout Strategy with RSI Filters
Summary
This brief strategy description uses two price-derived exponential moving averages and RSI thresholds to generate directional entries. A buy signal occurs when the close rises above an EMA calculated from highs while RSI is above 55. A sell signal occurs when the close falls below an EMA calculated from lows while RSI is below 45. The system closes an existing position when an opposite signal appears and also uses take-profit and stop-loss exits.
The document gives entry and basic exit rules but does not specify the EMA periods, RSI calculation settings, profit or loss levels, markets, position sizing, or execution assumptions. It provides no backtest, performance figures, or evidence that the rules are profitable, so the description is insufficient to assess robustness or reproduce results precisely.
Key ideas
- A close crossing above a high-based EMA with RSI above 55 triggers a buy.
- A close crossing below a low-based EMA with RSI below 45 triggers a sell.
- An opposite signal closes the previous trade.
- The system also applies take-profit and stop-loss exits.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.