This strategy is one of the simplest strategy. It is based on breakout of only one moving average. So this is very easy to identify for any signal.
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How to get signal:
Buy signal: When price close above 55 EMA from lower to upper, then wait for another bullish candle. If 2nd candle close as bullish, then open buy entry at the opening of next candle.
Sell signal: When price close below 55 EMA from upper to lower, then wait for another bearish candle. If 2nd candle close as bearish, then open sell entry at the opening of next candle.
Time frame: H4 or Daily
Currency pairs: All Major pairs.
Take profit and Stop loss: Take profit should be 60-80 pips. If you get signal in daily chart with this strategy, then you can set 150-200 pips take profit. Stop loss will be some pips below the 45 EMA for buy entry and some pips above the 45 EMA for sell entry.
Risk warning: This strategy is made with only breakout of EMA and so this can be risky for ranging market. So try to use this strategy with trendy market. After proper practice, you can follow this on your real account.