Complex trading system #4 (Trend trading with EMAs)

I am Prince from Nigeria. Please i wish to use a strategy that considers 'a main trend', a secondary trend and a current trend as guide to know market direction and when to enter.
could you pleae suggest to me Indicators that i can use to determine a main trend and subsidiary trends in not more than 1hr chart? (I.e 1hr >= chart <= 5 minutes)

You can choose same or other moving averages.
I like to see 100 SMA for my main trend.
50 SMA - for intermediate.
20 SMA - for current short term trend.
Time frame - any from 5 min to 1 hour.

Oleg

thanks, but will the emas be applied to close, open or close.
kanmie

Hi Kanmie,
It should be applied to Close.

Regards,
Edward

Edward, should the RSI be applied to Close too?

Yes, RSI is applied to Close.

Regards,
Edward

Hi Edward,

I'm Raymond. Regarding the 80 EMA, do we need to wait for the price and the 4 EMAs to cross, before we enter the trade? Thanks.

raymond.toh(at)gmail.com

Hi Raymond,

Price must be trading above 80 EMA to consider taking signals from smaller Moving Averages crosses. Moving averages themselves are not required to trade above 80 EMA at any moment; they will, however, eventually pull up and take their place above 80 EMA if an uptrend is running strong.

Regards,
Edward