The Power of the EMA 365 in 15-M Chart

The question of which timeframes do we want to use is like asking ourselves what kind of traders are we. Which techniques are we comfortable with, whether swing or scalp, are we a position trader or a day trader. Myself for example is a self-proclaimed day trader. I set my trade setups out of my 15-M chart, 1-H to confirm and 4-H to detect the current trend. The single most important thing in trade setups is only trade when you get the signals.

This technique is for 15-M only.
My trading setup is very simple and pretty straightforward. In a range-bound market like euro/usd where price fluctuates between resistances and supports, EMA 365 line serves a a 'rubber band' which absorbs the price. For example, when the price running up or tumbling down usually 50-60 pips away from the EMA value, price will eventually make a reverse towards the value of the EMA. This is a very powerful signal when confirmed with a bullish or bearish MACD 12,26,9 divergence. The probability of winning is almost 90%.
I always wait and look for this signal to emerge. But ones have to be careful because price does not necessarily has to be 50-60 pips away from the EMA 365 value to reverse course. Sometimes a bearish or bullish diverge signal is sufficient enough. And of course, we also have to look at the 1-H and 4-H charts to confirm that we indeed are right in the zone.
To summarize (in case of a long):
1-MACD lines in its negative zone, and has made a turn.
2-The MACD bar prints higher lows.
3-EMA 365 line descending. (although not necessarily).

To summarize (in case of a short):
1-MACD lines in its positive zone, and has made a turn.
2-The MACD bar prints lower highs.
3-3-EMA 365 line ascending. (although not necessarily).

I will post a few charts tomorrow. Any comments and questions are welcomed.
Good night.