Forex Stochastic EMA Trading Strategy
Forex Stochastic EMA Trading Strategy;
Currency pairs: any.
Time frame chart: 1 hour, 4H, daily TF
Indicators:
Full Stochastic (22, 9, 9), EMA 11 and EMA 5
Entry Position:
When EMA 5>EMA11 or EMA 5<EMA11, the Stochastic (22, 9, 9) lines’ crossover appears – enter (or wait for the current price bar to close and then enter). I
Exit Order:
When Stochastic (22, 9, 9) cross line or EMA 5 Crosses EMA 11.
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 Stochastic EMA Trading Strategy?
- Download Forex Stochastic EMA Trading 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 Stochastic EMA Trading 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”.
