The Vegas Channel indicator settings method.
More than a decade ago, a well-known hedge fund manager, Vegas, publicly disclosed his trading strategy, which he named the Vegas Tunnel Trading Method. Vegas developed this strategy, dividing trends into three equal parts: First, he set the EMA144 and EMA169 as the watershed for the medium and short-term trends. When the price is above the two EMAs, the trend is in a bullish market, and when it is below, it is in a bearish market.
Secondly, the EMA12 is used as a filter line to filter out false breakouts. According to discipline, the EMA12 must cross above the EMA144 and EMA169 to consider long positions, not just when the K-line is above. Conversely, when the EMA12 breaks below the EMA144 and EMA169, it is an opportunity to choose short positions.
Finally, he added two EMAs, EMA576 and EMA676, as parameters to determine the long-term trend. Vegas believes that it is necessary to trade in the direction of the long-term trend, as long as it is inconsistent with the direction of the EMA576 and EMA676, he will abandon the operation and wait for the best entry point.#op🔥🔥 #ARB, #Solana-SOL #brc #brc20aodo