This strategy is for stock market ONLY
Strategy: EEMANI ... Collect the money by selling Credit spreads - Tested on SPY index weekly options
This strategy is based on consecutive up and down strategy which is available in TradingView Built in indicator. list, i have added EMA filter to that.
Tested on SPY Hourly...
This strategy is based on exponential moving average.
I was doing some research on when price extended too far from moving averages / exponential moving averages , ended up with this idea.
LONG RULE
when Exponential MA cross over the historical Exponential MA
EXIT RULE
when Exponential MA cross down the historical Exponential MA
Take Profit
if you...
