Three
shorts moving averages crossover is an trading systems based
on fast exponentials moving averages are simple and easy for
make trading.
Markets:
Currency pair, Indicies.
Time
frame chart: 15 min chart, or higher.
Indicators:
9 EMA, 21 EMA, 50 EMA.
Trading rules:
Buy
9
EMA goes above 21 EMA and 50 EMA.
Sell
9
EMA goes below 21 EMA and 50 EMA.
Exit position rules:
exit
when 9 EMA crosses 21 EMA in opposite direction.
Make
profit on the support or resistance line or pivot point.
Place
initial stop loss on the previouis swing High/Low.
Advantages:
it is simple to use, and it make interesting results in trending
market or during big price breakouts .
Disadvantages:
during the sideways market with little fluctuation of the price
this strategy give many false signals.
Solution:
find the market in trend following and apply this trading system and
trades only in the direction of the trend.
Three
shorts moving averages crossover is a classic trading strategy.
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| Three shorts moving averages crossover |
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