47# 5min Method Trading System

Submit by joy22

 

Pair: Eur/Usd

Time: 5min

Indicators

MACD12,26,1 ( 1 means nothing )

Stochastic5,3,3

EMA5 to the close

EMA: 5 to the open

*no trades during news times*

*Risk is set to 1%*

*Take profit is random based on market conditions but ill usually cash out based on reversal patterns or a cross of the two ema's*

Trade signals are only confirmed on closed candles/bars.

Buy Signal

a) When the stochastic crosses up from the 20 line and is not ovebought ;

b) The MACD closses higher than the previous time interval;

c) The Signal candle/bar closes higher bullish;

d) The 5 ema to the close has crossed the 5 ema to the open;

Stop Loss is the low of the previous candle or 20 pips but 20 pip min.

Close when the 5 ema to the close has crossed the 5 ema to the open

Sell Signal

a) When the stochastic crosses down from the 80 line and is not oversold;

b) The MACD closses lower than the previous time interval;

c) The Signal candle/bar closes lower bearish;

d) The 5 ema to the close has crossed the 5 ema to the open;

 

Stop Loss is the high of the previous candle or 20 pips but 20 pip min.

Close is based on price action.

 

5min trading method
5min method.rar
compressed file archive 656 Bytes
metatrader MT5 5 min method
MT5, 5 min Method.rar
compressed file archive 1011 Bytes

 

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