5-10-20 Trend-Following Strategy | MarketSci Blog

5-10-20 Trend-Following Strategy | MarketSci Blog: Dk applied the strategy to the Nasdaq Composite and I’ll do the same here. Go long at today’s close if both the 5 and 10-day exponential moving average (EMA) cross above the 20-day EMA. Close the position at today’s close when both the 5 and 10-day EMA cross below the 20-day EMA. This strategy does NOT go short.