This system is very simple, to the point where only 3 EMA moving averages are used, but the effect is very good. The system is used for M5 and H1 time periods (H1 is only used as an additional signal confirmation).
Long rule:
1. During the H1 time period, the green line is above the red line
2. During the H1 time period, the price is above the green line
3. Once we have identified the main direction of the current market, we can switch to a smaller time period, on a 5-minute chart, which requires the following conditions to be met:
The green line is at the top
The blue line is in the middle
The red line is at the bottom
4. Price correction: The price needs to touch the green line, and the K-line needs to close above the red line (if not, do not trade)
5. Once the price breaks through the level of the previous volatile high point, you can enter the market.
6. Stop loss at the level of the previous high point of the fluctuation
