Set the stop loss on the resistance above the entry candle. As with most moving average crossover strategies, not all crossovers would result in a strong run or an actual trend reversal. This is why it is best to use such crossovers only in confluence with a bigger picture trade setup which is usually found on the higher timeframes.
It is also best to practice using this moving average first and tweak its sensitivity as you find fit for your strategy before using it in a live trade account.
TEMA Indicator for MT4 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this information, traders can assume further price movement and adjust their strategy accordingly.
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