Use MOVING AVERAGE/EXPONENTIAL MOVING AVERAGE (EMA) study in the CHART and set to PERIOD 8 (open). 

Use 1 MINUTE CANDLESTICK. 

ENTRY POINT is when GREEN candlestick OPENS ABOVE UP-TRENDING EMA LINE from a transitional swing (trending up & no previous succession of green step candlesticks). 

STOP LOSS is when candlestick crosses below the EMA LINE from a transitional swing (trending down). 

EMA usage determines best entry point and stop-loss. 

 

 

OPENING BELL STRATEGY 

Due to high volatility at opening bell, use a 2-3 GREEN (step) CANDLESTICK indicator to increase probability of success. 

 

 

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