GoldenCO Aie3Use of GCOv3 strategy for market analysis
This gco3 strategy uses exponential moving average analysis which is 5emas to show the movement of stock prices in the market. It is also to track the impending changes to the market price. the use of EMA is more sensitive to trend changes and it is one way to see the trend of price movements and as a guide to the trader.
The parameters used are EMA5/EMA20/EMA50/EMA100/EMA200.
The above parameters indicate a price condition that includes 4 phases of the price trend, namely the accumulation, uptrend, distribution, and ddowntrend phases.
we hope that, by recognizing and knowing the trend of this price movement it can help traders in trading activities well and can reduce risk. May it benefit the trader.
DISCLAIMER ; This is not Buy/Sell call, Just analysis idea for education. Trade At Your Own Risk
