Slow Trend Momentum Strategy

Slow Trend Momentum Strategy is a trading system is based on the crossover of two moving average filterd by moimentum indicators with slow setting. Note that this setting for MACD orStochastic is an excellent filter also for other strategies with differnts indicators. This is basic knowledge that we are sharing free.
Currency: EUR/USD, USD/JPY, GBP/USD, NZD/USD, AUD/USD, AUD/NZD, AUD/CAD AUD/JPY, NZD/CAD, NZD/JPY, EUR/NZD, EUR/AUD, EUR/CAD.
Time Frame: 1 Hour-4 hour
Indicators:
Simple Moving Average 3 pertiod (close),
Exponential moving average period 50 (close)
Full Stochastic oscillator (50, 60, 30, close) with an Exponential Moving Average 8 attached.
MACD (65, 75, 35, close ) with an Exponential Moving Average 8 attached.
Stop Loss: 50-10 pips Take Profit: 100-200 pips dependes by currency pairs and time frame.
Long entry
Enter a trade when SMA 3 have crossed and above EMA 50 AND Full Stochs OR MACD have crossed their EMA 8. You don't have to wait for the MACD or Stochs to cross their own signal line, just crossing their EMA 8 is enough, but never enter a trade before the SMA 3 and EMA 50 have crossed too!
Short entry
Enter a trade when SMA 3 have crossed and below EMA 50 AND Full Stochs OR MACD have crossed their EMA 8. You don't have to wait for the MACD or Stochs to cross their own signal line, just crossing their EMA 8 is enough, but never enter a trade before the SMA 3 and EMA 50 have crossed too!
Note: if the entrance is too far from the intersection of the moving averages, it is advisable not to enter the market.






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