Determine the trend direction: The first step is to determine the direction of the trend using the 50 EMA. If the price is above the 50 EMA, the trend is considered bullish. If the price is below the 50 EMA, the trend is considered bearish.
Identify the trading signals: Once you have determined the trend direction, you can use the 10, 14, and 21 EMAs to identify potential trading signals. When the 10 EMA crosses above the 14 EMA and both are above the 21 EMA, it's a buy signal. When the 10 EMA crosses below the 14 EMA and both are below the 21 EMA, it's a sell signal.
Set entry and exit points: Once you have identified a trading signal, you can set your entry and exit points. For a buy signal, you can enter the trade when the price breaks above the high of the candle where the 10 EMA crossed above the 14 EMA. For a sell signal, you can enter the trade when the price breaks below the low of the candle where the 10 EMA crossed below the 14 EMA. For both buy and sell signals, you can set your stop loss just below the low of the candle where you entered the trade.
Manage your trades: It's important to manage your trades by setting a target profit and trailing stop loss. You can use the previous swing high or low as your target profit level. For example, if you're in a buy trade, you can set your target profit at the previous swing high. If you're in a sell trade, you can set your target profit at the previous swing low. You can also use a trailing stop loss to lock in profits as the price moves in your favor.
Again, there are no guarantees when it comes to trading, and it's important to manage your risk and only trade with money you can afford to lose. It's also recommended to backtest this strategy on historical data and practice with a demo account before risking real money.