#TradingTools101 HERE YOU HAVE AN ENTRY AND EXIT SYSTEM (RSI + MACD + EMAs)

🕒 Suggested time frames:

1H to detect the main trend.

15M for precise entry.

📈 INDICATOR SETUP

1. Moving Averages:

EMA 200 → Overall trend.

EMA 21 and EMA 9 → Momentum signals and entry points.

2. RSI (14 periods):

Key levels: 30 (oversold), 50 (neutral zone), 70 (overbought).

3. MACD (12, 26, 9):

Use the crossover of the MACD line with the signal line and the position of the histogram.

✅ ENTRY RULES

📌 Long Entry (Buy)

1. Confirm bullish trend on 1H:

Price above EMA 200.

EMAs 9 and 21 aligned upwards (EMA 9 above EMA 21).

2. Look for entry on 15M:

RSI between 40 and 55, starting to rise.

MACD makes a bullish crossover (MACD line crosses above the signal).

Price bounces off EMA 21 or 9.

3. Entry: On the candle that confirms the bounce with volume or bullish engulfing pattern.

📌 Short Entry (Sell)

1. Confirm bearish trend on 1H:

Price below EMA 200.

EMA 9 below EMA 21.

2. Look for entry on 15M:

RSI between 45 and 60, starting to fall.

MACD makes a bearish crossover (MACD line crosses below the signal).

Price rejects EMA 21 or 9 from above.

3. Entry: On the bearish candle with confirmation.

🛑 RISK MANAGEMENT

Stop Loss (SL):

Place it just below (for long) or above (for short) the last support/resistance wick or EMA 21.

Take Profit (TP):

Use a minimum ratio of 1:2.

You can scale exits at key areas (previous resistance or support).

Avoid trading when RSI is overbought/oversold on entries.

🧠 BONUS: Optional additional confirmations

Increasing volume on the entry candle.

Divergences in RSI or MACD as an early signal of reversal.

"Hammer" or engulfing candles as triggers.