Description
When the markets are good ( momentum is shifting towards buy side ) buy triple leveraged nasdaq (TQQQ) when markets are bad ( momentum is shifting towards sell side ) sell and hold cash in a money market
Strategy Logic
Based on technical indicators. When price crosses above 10ema, 20ema, and 50sma lines it's a buy signal. when 10 crosses below 20 its a sell signal.
Entry Conditions
Price crosses over EMA(10)
and
Price crosses above EMA(20)
and
Price crosses above SMA(50)
Exit Conditions
EMA(10) crosses below EMA(20)
Technical Indicators
EMA(10)
EMA(20)
SMA(50)