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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
























Triple EMA's with Parabolic SAR Reviewed by learn forex trading on April 24, 2017 Rating: 5

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