I’m scalping SPY/SPX on the 2 minute timeframe using EMA 9 day and EMA 21 day crossovers as buy/sell indicators.
The strategy is overall great how it runs into problem areas during daily short-term high volatility.
One solution is have is change the charts to 5 min candles to smooth out the EMA lines however it’s not as profitable with scalps.
Anyone have any suggestions or tricks for dealing with the “fake out” EMA crossovers?
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