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265# 200 exponential moving average channel

200EMA Channel with forex rainbow

Forex Rainbow

Submit by Joker 15/12/2012

 

 

200 exponential moving average channel is trading method based on EMA channel with forex rainbow indicator.

Time Frame 15 min.

Currency pairs:any.

SessionLondon and NewYork.

 

This is an Intraday Forex Strategytrend following.

 

Indicators used:

200 EMA High;

200EMA low;

Forex Rainbow.

 

Long Entry

wait that the price breaks upper channel 200 exponential moving average.

Buy when appears at aqua dot forex rainbow indicators.

 

Short Entry

Wait that the price breaks lower channel 200 exponential moving average.

Buy when appears at aqua dot forex rainbow  indicators.

 


Exit Position

This is a forex scalping strategy. Fast profit target that depends by Currency Pairs (min 7-max 10 pips)

Stop loss 15-20 pips or:

for buy 2 pips below lover channel;

for sell 2 pips above upper channel.

 


 

In the pictures 200 exponential moving average channel in action.

200 EMA Channel wit Forex Rainbow
200 EMA Channel wit Forex Rainbow
200 EMA Channel with Forex Rainbow
200 EMA Channel with Forex Rainbow
200 EMA Channel with T4
200 EMA Channel with T4
200 EMA Channel with T4
200 EMA Channel with T4

200EMA Channel with T4 indicators

Buy when red band T4 is upper and T4 >200 Ema Channel.

Sell when blue band T4 is upper and T4<200 EMA Channel.

Exit position as the previous.

 

Happy Trading

 

 

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Trading System 200 EMA Channel with forex Rainbow
200 EMA Channel with forex Rainbow
200 EMA Channel with forex Rainbow.rar
compressed file archive 2.4 KB
Forex system 200 EMA Channel with T4
200 EMA Channel with T4
200 EMA Channel with T4.rar
compressed file archive 2.1 KB

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