GMMA
Slow Trading is trend-momentum strategy based on moving averages.
The system uses 10 indicators which are the Stochastic (9,3,3),
RSI(3), EMA (20, 30,35, 40, 45, 50, 60), the GMMA Slow (MT4 only) and
Heikin Ashi indicator. These indicators combined together can give
good signals for trading.
The
GMMA slow indicate only the Guppy_Multiple_Moving_Average. You
can build Gmma Slow
by simply adding to the chart the following moving averages ( 20, 30,
35, 40, 45, 50, 60) .
Time
Frame 5 min or higher.
Currency
pairs:any.
Rules GMMA Slow Trading
Buy
1.
The GMMA Slow (Guppy_Multiple_Moving_Average.) lines are
well spaced and not stuck with one another. When they are stuck,
there is ranging market and when they are spaced, with at least 1-2
pips between each other, there is a trend.
2. Heikin Ashi Candle come back to the Blue EMAs after a prior up move.
3. Stochastic indicator s below 30 level and after to go up.
4. RSI (14) below 20 level.
5. the Heikin Ashi has a new closed white candle after the red ones.
2. Heikin Ashi Candle come back to the Blue EMAs after a prior up move.
3. Stochastic indicator s below 30 level and after to go up.
4. RSI (14) below 20 level.
5. the Heikin Ashi has a new closed white candle after the red ones.
Buy
example
Sell
1. The GMMA Slow (Guppy_Multiple_Moving_Average.) lines are well spaced and not stuck with one another. When they are stuck, there is ranging market and when they are spaced, with at least 1-2 pips between each other, there is a trend.
2. Heikin Ashi Candle come back to the red EMAs after a prior down move.
3. Stochastic indicator s above 70 level and after to go down.
4. RSI (14) above 80 level.
5. The Heikin Ashi has a new closed red candle after the white ones.
1. The GMMA Slow (Guppy_Multiple_Moving_Average.) lines are well spaced and not stuck with one another. When they are stuck, there is ranging market and when they are spaced, with at least 1-2 pips between each other, there is a trend.
2. Heikin Ashi Candle come back to the red EMAs after a prior down move.
3. Stochastic indicator s above 70 level and after to go down.
4. RSI (14) above 80 level.
5. The Heikin Ashi has a new closed red candle after the white ones.
Sell
example
Exit:
Stop loss and Take profit
For the stop loss, apply the recent swings high or low. . You can also place the stop loss at pivot levels, support and resistance levels.
For take profit you can use a fixed take profit with ratio stop loss !:125 or you can use trailing stops. Not to trade
When the moving averages (GMMA Slow and Blue emas) are compressed, as an horizontal line.
For the stop loss, apply the recent swings high or low. . You can also place the stop loss at pivot levels, support and resistance levels.
For take profit you can use a fixed take profit with ratio stop loss !:125 or you can use trailing stops. Not to trade
When the moving averages (GMMA Slow and Blue emas) are compressed, as an horizontal line.
Below
the link for download GMMA slow trading MT4 Template and
indicators:
https://drive.google.com/file/d/0Bwjv2Pbf48iteFpwWTlfV1JnMUE/view?usp=sharing
Looks like working.Thanks for the strategy.
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