edited in polish
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Introduction
Hi steemians and fellow students
I really appreciate Prof. @lenonmc21 for his well Educative classes on EMA Strategy and Trend Line
Assignment
1️⃣. Define And Explain In Detail With Your Own Words, Which Is The EMA Strategy+ Rupture Of Trend Line.
EMA is an acronym for Exponential Mobile Media. I can be simply defined as a an average line drawn in a graph which indicates the avarage if a certain amount of data in a given time period to obtain such data.
screenshots by @chimeroselam on Binance
2️⃣ Explain In Details The Function Of The EMOT Of 100 Periods In The EMA Strategy+Rupture Of Trend Line.
The EMOT of 100 period in the EMA Strategy+rupture of trend line is the point at which a trader starts looking for sales of his/her digital assets. It is the "Shopping" time. It is the time in which the price is at maximum, having a healthy trend going upwards or increasing higher.
screenshots by @chimeroselam on Binance
3️⃣. Explain In Details What Is The Function Of The "Trend Line" In The EMA+Rupture Race Trend Link
The Trend Line is the line that joins both the maximum and minimum points of the price in order to determine the dominant trend in the market.
It functions as a line that joins the maximum points to show a clarified break in the quotes( max)
screenshots by @chimeroselam on Binance
4️⃣. Explain Step By Step What Must Be Taken Into Account To Execute The EMA+Rupture With Strengthening Line
Steps which must be taken into consideration inorder to execute EMA Rupture With Strengthening line will help us to perform better analysis and a great probability in favourism:
No. | Steps |
---|---|
1 | Using the Trend Line as a tool to know when there is a Break in the price |
2 | Looking for when the EMOT is above 100 periods and when it is under 100 periods. |
3 | Searching for shopping when the EMOT (Evolutionary Motion) is above 100 periods and for sales when it is below. |
4 | If the price is Bullish, the trend is an uptrend while when the Bearish is when the trend is a downtrend. |
screenshots by @chimeroselam on Binance
5️⃣. What Are The Commercial Entry For An Exit Criteria Of The EMA Strategy+ Trend Line Break.
In the commercial entry for an exit, there some actions that needs to be done using the tools to execute the Strategy of EMA. What is mostly important is commercial entry and exit to have a good entry in the market and making benefits from it. These Criteria include:
The first thing you must do is that, once the price is above the EMA of 100 or below according to the case that is presented (uprisingn or bearish) and also the Harmony of the price is perfectly well with maximum and minimum, tallest or lowest than the case may be. We must draw a line to beech or tenderness to a candle that makes the break of that line and that also close above or below this, this will give us the signal of entry to the market.
On the other hand, if on the contrary the Harmony of the price is not running in a perfect way in a healthy tendency, or the price is side detected, we must expect another configuration to enter the market with the conditions described above. If the prices in lateralization as I have discussed it, the strategy is invalidated and we must wait for the trend, either the bench or bassister will be clearly.
Now, once the configuration we need perfectyn in the market, and the breakdown of the trendline is clearly we must enter the market place in a "stop list" above or below, as the trend we are working, of the ultimate or minimum that left the price. once this determined, our level of "Take Profit" to be at the same percentage or distance that our "stop-loss" is located. This will give us a relationship of irrigation and benefits of 1-1 which is appropriate risk configuration paid those that initiate the strategy.
screenshots by @chimeroselam on Binance
Conclusion
I really have learnt a great lesson from the Crypto Academy class attended—S4WEEK6, and the excellent Homework given by our well cherished professor @lenonmc21 in this study to the Beginners (students) of this program. Sorry I had a really big challenge having translating the language and understanding the class Prof.
SPECIAL MENTION/APPRECIATION
@lenonmc21
@steemit
@whitestallion
@ijelady
@benton3
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Weldon bro
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Thank you ma'am
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