Triple EMA's with Parabolic SAR

Triple EMA's with Parabolic SAR is a scalping or intraday trend following system based on two technical indicators Parabolic SAR and exponential moving average (EMA).
Indicators setup: exponential moving average 10 period, close. exponential moving average 20 period, close, exponential moving average 50 period, close, parabolic Sar (0.2-0.011).
Time Frames 1 minute, 5 min, 15 min, Currency pair: majors.
Trading Rules
Buy
Buy signals EMA (10) has crossed ЕМА (25) and ЕМА (50) bottom-up. Parabolic SAR dot is below the price.
Sell
EMA (10) has crossed ЕМА (25) and ЕМА (50) top-down. Parabolic SAR dot is above the price.
Triple EMA's with Parabolic SAR
 The green circle is where ЕМА (10) crossed ЕМА (25) and ЕМА (50) bottom-up and the Parabolic SAR was below the current price.
Exit position when the ema's crossing in opposite direction or with predetermined profit target for examples EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 35 pips, AUD/USD 25 pips, USD/CHF 30 pips, GBP/JPY 5o pis, EUR/AUD
Stop loss
Place an stop loss below EMA (50) for a buy trade and a bit above for a sell trade. Besides, it is advisable to move a stop loss on EMA (50) during a price movement.

Triple EMA's with Parabolic SAR



Triple EMA's with Parabolic SAR

Triple EMA's with Parabolic SAR with 1-5 min chart setting
Only currency pairs: major with low spread, exponential moving average 25 period, close. exponential moving average 50 period, close, exponential moving average 100 period, close, parabolic Sar (0.2-0.011).
You can applly the previous rules . Trading sessions London and New York. Take profit 7-12 pips depends by currency pairs, or at the levels of support and resistance.

Triple EMA's with Parabolic SAR
























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