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EMA 200 Multitime Frame Day Trading System

EMA 200 Multitime Frame Day Trading System is a trend following trading system.
Multiple time frame is a great filter for improve your day trading.
This trading system is based on three time frame for filters signals.
Time frare are 4H, H1 and 15 min.
15 min time frame chart is used for timing for entry in the same direction of the 60 and 240 min time frames.
Currency pairs: any.
Forex Indicators:
200 EMA close,
50 EMA, close,
5 EMA, close.
Trading rules EMA 200 Multitime Frame Day Trading System
15 min time frame setup for entry
Buy
5 EMA > 50 EMA and 200 EMA
Place initial stop loss 3 pips below on the previous swing low.
Profit Target ratio 1:2 Stop loss.
Sell
5 EMA < 50EMA and 200 EMA.
To confirm this setup also at the 4H and 60 min.
Place initial stop loss 3 pips above on the previous swing high.
Profit Target ratio 1:2 stop loss.
This strategy has good profittability.
EMA 200 Multitime Frame Day Trading System

EMA 200 Multitime Frame Day Trading System

EMA 200 Multitime Frame Day Trading System

EMA 200 Multitime Frame Day Trading System Reviewed by learn forex trading on July 05, 2017 Rating: 5

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