9# CATFX50 Forex Trading System
Trend following Trading System
Submit by forexstrategiesresources
EMA50 on chart.
EMA120 on chart.
Hist_Step_MA_Stoch_KV1_Ex_03 set at 2000 bars.
Set filters on Step: +0,04 and -0,04.
Plot aNina_v1, set it at 9000 cbars.
Hist_StepMA_Stoch is the main indicator here. When Hist_StepMA_Stoch and aNina give signal simultaneously, the better. Do not trade if they give opposite signals.
TF: 30 minutes.
Trade time: 08:00cet to 18:00cet
MAX Moving Average set at 50, 14, 2000, 2
Camarilladt7 with L3, L4, L5 and H3, H4 and H5.
Standard or Level 1 signals:
Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be
Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red
If price and Hist_StepMA_Stoch crosses are simultaneous, the better.
Level 2 signals (riskier):
For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell.
For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.
Level 4 signals (Take care):
Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap!
Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for
Something to take into account:
Pairs to trade: EURUSD, USDCHF and GBPUSD.
When bar opens more than 20 pips above/below EMA 50, the signal is riskier.
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always.
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