The Bladerunner trade uses the 20-period Exponential Moving Average (EMA) line. It’s applied in all time periods, but many traders apply it for shorter time frames such as the 5-minute charts. The line appears inside the main chart and not in an off-chart.What is the Bladerunner trading strategy?
The strategy involves waiting to see if the 20-period EMA line cuts through the price action line, which can happen in two ways. After the EMA line cuts through the price line, it should stay below it even after retesting. This means that the market will trend downwards. If the EMA cuts through the price line and stays above it even after retesting, the market should continue trending upwards.