To find an entry point for a reverse of a trend, you can use the crossing pattern of 50 EMA and 100 EMA moving averages.
The pattern is available in the bot’s Filters.
When the 50 EMA crosses the 100 EMA from top to bottom, the bot will get a sell signal. On the other hand, when the 50 EMA crosses the 100 EMA from bottom to top, the bot will get a buy signal.
The blue line is the 50 EMA, the red line is the 100 EMA
The lesser the selected timeframe, the more often the bot will receive signals to open a position. But it should be noted that there is no “correct” timeframe. To determine the most suitable one for you, it is recommended to experiment with different timeframes and monitor the results.
Note that the EMA indicator is one of the tools of market analysis and it requires confirmation by other analytical tools.
Read an article: What are the moving averages (SMA and EMA)
