Main photo EMA, ADX And MACD Strategy

EMA, ADX And MACD Strategy

  • By dzonefx
  • 3108 views

Instruments: any

Time frames: H4, D1 

Indicators:

  • 4 EMA (an exponential moving average with the period of 4);
  • 10 EMA ( an exponential moving average with the period of 10).
  • ADX (28) ? +DI and -DI
  • MACD (5,10,4)

Short positions should be opened when the 4 EMA is crossing the 10 EMA from below, and MACD is over 0. At the same time, +DI must be above –DI.

Long positions should be opened when the 4 EMA is crossing the 10 EMA from above, and MACD is less than 0. At the same time, -DI must be above +DI.

Exit points:

Take Profit for H4: 
EUR/USD - 60 points, GBP/USD - 70 points, USD/CHF - 40 points

Take Profit for D1: 
EUR/USD - 200 points, GBP/USD - 250 points, USD/CHF - 150 points

Stop Loss: 3 times less than Take Profit 


dzonefx
dzonefx

Risk Warning: Trading on Forex and Binary Options carries a high level of risk and it is not suitable for all investors.There is always a possibility of losing some or all of your initial investment, so you should not invest money which you can't afford to lose.Eventhough we Forex Stock Exchange Forum -fxsforexsrbijaforum.com,does not provide any investment advice you should be aware of the risks involved. Any opinions, news, research, analyzes, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.Forex Stock Exchange FORUM will not accept liability for any losses, which may arise directly or indirectly from use of information from our website.You trade at your own risk!

Recommended publications