78# Trend following Trading System

Awsome and Ema trend follofing forex system

Submit by joy22

 

TimeFrame:15min or 30min

Currency Pairs:majors

Indicators:

1) 176-Period Exponential Moving Average of Close Price (blue)

2) 144-Period Exponential Moving Average of Close Price (orange)

3) 44-Period Exponential Moving Average of Close Price (blue)

4) 36-Period Exponential Moving Average of Close Price (orange)

5) Awesome Oscillator (there are no settings to change on this – apart from the colours).

 6) MACD – Using the following settings: (3,7,1)

 

 

Long Entry: 36EMA>44EMA and 144EMA>176EMA; AO is green and MACD >0.

ShortEntry:36EMA<44EMA and 144EMA<176EMA; AO is red and MACD <0.

 

         Stop Loss

- 15 to 30 pips on a 15-minute chart

- 20 to 40 pips on a 30-minute chart

 Profit Target

50-70 pips

 

 

Forex Indicator
XForecaster free indo.zip
Compressed Archive in ZIP Format 4.5 KB
Trading System
fx dealbutler.rar
compressed file archive 399.4 KB

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