620# Trend Awesome System

Awesome EMA FX System

Submit by MJ 29/01/2015


Trend Awesome System is a strategy for trading with the trend. This fx system is an intraday strategy based on trend momentum indicators.

Time Frame 30 min.

Currency pairs: Majors.

Tools indicators:

Exponential Moving average 10 period close (measures the short trend-momentum ).

Exponential Moving average 40 period close ( identifies the intermediate trend ).

Exponential Moving average 150 period close ( identifies the long-term direction).

Filter (setting 240 min)

Awesome oscillator.

Info (main informations on the price movement).


Trading rules Trend Awesome System

Trade only in the direction of the trend.


Buy

10 EMA >40EMA>150EMA

Trend Filter green bar

Avesome green Bar.


Sell

10 EMA <40EMA<150EMA

Trend Filter red bar

Avesome green Bar.


Info indicator: optional.

Re-emtry when the price come back on the 40 EMA with the same conditions.


Exit Position

Profit Target ratio 1:1, 1:2 stop loss.

Initial stop loss 8 pips above/below 150 ema.

In the pictures Trend Awesome System in action.

In the pictures Trend Awesome System in action.
Trend Awesome System in action.
Trend Awesome System.rar
compressed file archive 93.3 KB
Trend Awesome System in action USD/CAD 30 min intraday System.
Trend Awesome System in action USD/CAD 30 min intraday System.

 

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Comments: 2
  • #1

    Billy (Monday, 03 December 2018 21:47)

    Nice, straightforward strategy. But...in the first buy trade above...the 40 ema in not above the 150 ema. That happens 7 bars later. Just for those who are watching.

  • #2

    Denis Kiyingi (Sunday, 10 January 2021 08:54)

    I think its price which should be above all the MAs

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