Moving average is considered as trend identification. Many traders use this indicator for identify and trend. This strategy is made by this EMA and another default stochastic indicator. This is high profitable strategy with low risk. If you can follow the rules of this strategy accurately, then you can get very good result from this strategy.
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1) 100 EMA
2) Stochastic(5,3,3) with horizontal line 80 and 20
How to get signal:
Buy Signal: When market remains above 100 EMA, then it will be considered as uptrend. Now you need confirmation from Stochastic for taking entry. When a crossover occurs below 20 level of stochastic, then you need open buy order. When market price is above 100 EMA, you need to find only buy signal from this strategy.
Sell Signal: When market remains below 100 EMA, then it will be considered as downtrend. When a crossover occurs above 20 level of stochastic, then you need open sell order. When market price is a below 100 EMA, you need to find only sell signal from this strategy.
Time frame: H4 or Daily
Take profit and Stop loss: Take profit should be 70-100 pips in every signal and you can set take profit 1:2 risk ratio. You can set stop loss below 100 EMA for buy signal and set stop loss above 100 EMA for sell signal. If EMA is far away from your entry price, then you can set 50-60 pips stop loss.
Currency pairs: All major and cross pairs.
Risk warning: This strategy is made only for trendy market, do not use this on ranging market. You must follow money management and take 1-2% risk for every trade. For understanding this strategy, you need to practice this on demo account. If you get good result then you can apply this on your real account as your trading strategy.