Long term EMA Trading — A free indicator and a guide
TL;DR : I made an indicator that works on the daily and weekly Heiken Ashi candlesticks with over 70% profitability. It is free to use, and I will be happy to answer questions if they’re nicely said. I will help you if you want to learn TA — that’s also for free. My contact details are attached at the bottom of this article.
Disclaimer : I am not a licensed investment or financial adviser, and I will never claim to be. I have no professional economic or financial degree as of this writing, and will never contact you on any platform in order to pitch this indicator and/or anything else I write/publish/record. Any technical analysis and products I state and make are purely opinions and must not be treated as professional advice. Please contact a professional investment advisor/fund in your locality if you wish to seek professional and responsible investment advice.
There are multiple types of trading — long term investments and strategies on the daily and weekly timeframe, medium term swing trading on the twelve, six or four hour candlesticks, and short term trading with everything below. The last is often ascribed to “scalping” which refers to generating profits within small percentage moves.
This post concerns the very first — a simple long term indicator strategy that, while working on any time frame, works best on the daily Heiken Ashi candlesticks. If you want to read about a short term scalping indicator, please
The indicator
The indicator is fairly simple. Go here, add it to your favourites (and drop me a like or comment while you’re at it), navigate to your chart, add it from your indicator favourites, and done.
The indicator gives four signals (and alerts which are elaborated below):
- Open Long — This is where you long, or buy. Your stop loss would be under the previous Heiken Ashi candle.
- If Long, Close — If you are currently in a long entry, close the long or sell your current holding.
- Open Short — This is where you short, or sell. Your stop loss would be above the previous Heiken Ashi candle.
- If Short, Close — If you are currently in a short entry, close the the short.
Alerts
Alerts are simple to set up. Add a new alert, and change the settings inside as shown below. There are four settings, corresponding with the above calls.

As of this writing, this indicator works on everything — from stocks to cryptocurrencies. I am extremely thankful to Secp from OneX for bringing this strategy to my attention, and to others there that helped me test it.
Appended Notes : Pricing Details, Contact Information and Important Links
The indicator is available for free here. Help and support is available round the clock with a maximum response time of two hours, and the OneX Capital discord actively helps traders trade with and without the indicator, supporting free technical knowledge.
The TradingView page or the indicator is : https://www.tradingview.com/script/kpgiEsOs-Secp-s-DMA-Script/
You can contact me in the following ways:
1. Twitter — Hitesh Bhatia
2. Discord- HiteshB#8784
3. TradingView — hiteshbhatia3559
I actively chart BTC and altcoins on OneX Capital Discord, where I’m a Moderator and Community manager — link to the discord is as follows: https://discord.gg/3eVzeT
If you liked my write up, please drop a comment or any feedback! Thanks for reading!
