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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

Eagle Trading System
Eagle Trading System


Eagle Trading System Reviewed by learn forex trading on April 13, 2015 Rating: 5

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