iCharts Discussions

[sjjhala]

Hi iChartians,

I came across a good strategy (EOD) for trading. it is called 2/20 strategy.

Long Entry: 2 consecutive lows above the 20 ema (not touching the 20 ema) go long.

Long Exit: 20 ema

Short Entry: 2 consecutive highs below the 20 ema (not touching the 20 ema) go short

Short Exit: 20 ema

[pvramesh]

can you please provide chart and entry/exit points/strategy for your method

[sonikumar]

I am aware of this and view 20 EMA on EOD. But for Exit, better to use EMA 8 or ATR. If you wait for EMA 20 to exit, then good amount of your profits will be washed out.

[sambhaji_t]

As per this setup DLF is short now ? plz confirm