LWMA 10 intraday method

Description: LWMA 10 intraday method is day trading system trend following.
Time frame 5 min
Currency pairs: majors for exmples EUR/USD, GBP/USD. USD/JPY
Trading Sessions: London and New York
Indicators:
• 10 LWMA (Weighted Moving Average), close
• 20 SMA (Simple Moving Average) close
• Stochastic oscillator (10,6,6 )
• RSI (28)
• Slow MACD (24/52/18)
Rules:
BUY Signal when the 10 LWMA crosses up 20 SMA
Stochastic crosses upward
RSI above 50 level
MACD histogram line up or above 0 line

SELL signal
the 10 LWMA crosses downward 20 SMA.
Stochastic crosses downward.
RSI below 50 level.
MACD histogram line down or below 0 level.

Profit target at the psycolagical level 00 -25 – 50 -75
Stop-Loss Level: at the previous swing high/low.
Pictures with chart EUR/USD and GBP/USD :

Setup fo other time frame.
10 -15 - 30 - 60 Minute Chart indicators setting
• 5 LWMA (L inear Weighted Moving Average), close.
• 10 SMA (Simple Moving Average) close.
• Stochastic (5,3,3 )
• RSI (14)
• MACD (12/26/9, defaul)

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