Highly Profitable! Indicator based long term strategy; 588% returns in backtesting
EMA or Exponential Moving Average is considered as lagging indicator when you're in Intraday trading but it has the potential to turn out to be profitable when you're keeping timeframe large.
In this video, we'll discuss how some strategies you thing are simple but they are really powerful. When someone keeps horizon large for his trading activity, how these simple strategies turn out to be most powerful.
The video shows yet another analysis by Simple Rupee on HDFCBANK stock using simple EMA which has resulted in more than 588% profit in just 6 years. Video explains the entry and exit for the strategy to become profitable along with backtesting results.
Do watch below video for details
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