The 9 EMA strategy involves using the 9-period Exponential Moving Average to make profitable trades in the market. This may include utilizing techniques such as risk management and adjusting the size of trades to maximize returns.
We backtest the following trading rules:
* When the close crosses above the 9-day EMA, we buy at the close.
* When the close crosses below the 9-day EMA, we sell at the close.
We employ the rules on Bitcoin, and we get the equity curve shown below.
we use the same 9 EMA Trading Strategy on S&P 500/SPY. Check how it performed here>>
https://www.quantifiedstrategies.com/9-ema-strategy/