EMA 10/55/200 - LONG ONLY MTF (4h with 1D & 1W confirmation)

Title: EMA 10/55/200 - Long Only Multi-Timeframe Strategy (4h with 1D & 1W confirmation)

Description:

This strategy is designed for trend-following long entries using a combination of exponential moving averages (EMAs) on the 4-hour chart, confirmed by higher timeframe trends from the daily (1D) and weekly (1W) charts.

🔍 How It Works
🔹 Entry Conditions (4h chart):
EMA 10 crosses above EMA 55 and price is above EMA 55
OR

EMA 55 crosses above EMA 200
OR

EMA 10 crosses above EMA 500

These entries indicate short-term momentum aligning with medium/long-term trend strength.

🔹 Confirmation (multi-timeframe alignment):
Daily (1D): EMA 55 is above EMA 200

Weekly (1W): EMA 55 is above EMA 200

This ensures that we only enter long trades when the higher timeframes support an uptrend, reducing false signals during sideways or bearish markets.

🛑 Exit Conditions
Bearish crossover of EMA 10 below EMA 200 or EMA 500

Stop Loss: 5% below entry price

⚙️ Backtest Settings
Capital allocation per trade: 10% of equity

Commission: 0.1%

Slippage: 2 ticks

These are realistic conditions for crypto, forex, and stocks.

📈 Best Used On
Timeframe: 4h

Instruments: Trending markets like BTC/ETH, FX majors, or growth stocks

Works best in volatile or trending environments

⚠️ Disclaimer
This is a backtest tool and educational resource. Always validate on demo accounts before applying to real capital. Do your own due diligence.