Forex Cross Ema Trend Following Strategy
Forex Cross Ema Trend Following Strategy:
CHART SETUP:
EMA: 5(White), 10, 20, 50
RSI: 14
Stochastics 5, 3, 3
Zig Zag: 12, 5, 3
EMA/EMA Cross Indicator
LONG:
2.a Our entry is defined by:
– A Green arrow signaling an EMA cross /Entry Recommendation/
– A Whole candle closes above the 5 EMA (White) /Entry Confirmation/
2.b Our exit is defined by:
– A Red arrow signaling an EMA cross /Exit Recommendation/
– A Whole candle closes below 20 EMA (Green) /Exit Confirmation/
SHORT:
3.a Our entry is defined by:
– A Red arrow signaling an EMA cross /Entry Recommendation/
– A Whole candle closes below 5 EMA (White) /Entry Confirmation/
3.b Our exit is defined by:
– A Green arrow signaling an EMA cross /Exit Recommendation/
– A Whole candle closes above 20 EMA (Green) /Exit Confirmation/
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Cross Ema Trend Following Strategy?
- Download Forex Cross Ema Trend Following Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Cross Ema Trend Following Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
