153# EMA Trading in Trend-Winning Strategy
Ema Slow as filter of trend
Re-enter in the direction of the trend
Submit By Alexander
EMA Trading in Trend is a prure trend following strategy based on moving averages.
The signals are generated by crossing the fast moving average with the middle band of the bollinger bands (20-period moving average).
Setup Strategy
Currency:any , Gold and Inidices,.
Time Frame 30 minutes or higher.
Platform: any.
Indicators
Bollinger Band (20 period ,3.0 deviation).
3 EMA
Simple moving average 150 periods, close.
MACD (12,26 ,9), optional.
Trading rules EMA Trading in Trend
Trading in the direction of the trend.
The trend is up if the price above SMA 150.
the trend is down if the price is below of SMA 150
Long Entry Rules:
Price above SMA 150.
1. The 3 period EMA must cross above the Middle Bollinger Band.
2. The MACD must cross above the 0 level. (optional).
3 When all the conditions above are met, place a buy order at market.
4. Set the Stop Loss a few pips below the nearest swing low or the lower Bollinger Band, whichever is closer.
5. Set the Take Profit at the Upper Bollinger Band or use a fixed profit example = 50 pips.
Short Entry Rules:
Price below SMA 150.
1. The 3 period EMA must cross below the Middle Bollinger Band.
2. The MACD must cross below the 0 level. (optional).
3 When all the conditions above are met, place a sell order at market.
4. Set the Stop Loss a few pips above the nearest swing high or the upper Bollinger Band, whichever is closer.
5. Set the Take Profit at the lower Bollinger Band or use a fixed profit example = 50 pips.
