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5 min fast trading

5 min fast trading is trading system based on breakout of the moving averages.
Currency pairs: EUR/USD, GBP/USD, USD/JPY
Time Frame 5 min, but you can try at the other time frame.
Low spread.
Indicators:
200 Exponential moving averages. close;
20 Simple moving averages. close;
1 Exponential moving averages, close.

Trading Rules 5 min fast trading
Buy
The price close above the 20 simple moving average.
1 EMA crosses above the 20 SMA.
Sell
The price close below the 20 simple moving average.
1 EMA crosses below the 20 SMA.
Exit
Target 2-10 pips, trailing stops 2-3 bars back. Breakeven after 4 bars clear entry.
Stop loss 5 pips below/above of the entry bar.
This strategy seems simple but needs practice.
In the picture examples of trading.
5  min fast trading

5  min fast trading

5  min fast trading


5  min fast trading

5  min fast trading

5 min fast trading Reviewed by learn forex trading on May 14, 2017 Rating: 5

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