Eagle Trading System

Eagle trading System is a trend following system based on moving averages and ADX (Average Directional Movent Index).

Time Frame 15 min, 30min, 60 min, 240 min.Markets:

Currency Pairs (majors).

Indicators:

Exponential Moving Average 16 period, close;

Simple moving average 200, close (long trend direction);

Average Directional Movent Index 14 period close (with level 23)

Trading Rules for Eagle Trading System

Buy

16 EMA cross up SMA 200 ;
DMI+ is above 23 level.

Sell

16 EMA cross down SMA 200 ;
DMI- is above 23 level.Profit target 20-40 pipsStop loss 20-30 pips.

Tips: Eagle trading system is good for intraday trading.

Eagle Trading System

Eagle Trading System