407# EMA 96 Scalping System

The Secret of EMA 96

Submit by Buddy (written: Zidin indonesian master trader, source http://indo.mt5.com )

EMA 96 Scalping

alias The Secret of EMA 96 is a scalping strategy trend following based on 96 EMA tunnel.

Time Frame 5 min

Currency pairs: GBP/USD, EUR/USD

Forex Indicators

EMA 96 setting:

1 . Period : 96

Shift : 0

Apply to : Typical Price ( HLC / 3 ) .

Color : White

2 . Period : 96

Shift : 0

Apply to : High

Color : Light Blue

3 . Period : 96

Shift : 0

Apply to : Low

Color : Dark Blue

There are two supporting indicators , : EMA 12 and EMA 48

Setting:

Period : 12

Shift : 0

Apply to : Typical Price ( HLC / 3 ) .

Color : Yellow

And EMA 48

Period : 48

Shift : 0

Apply to : Typical Price ( HLC / 3 ) .

Color : Green.

Other Metatrader indicators:

a. Signal Bar indicator;

b . Candle time indicator;

c . ZZ Semafor

d . Breakout five panca eagle;

e . Daily open

1 . EMA 12 and EMA 48 indicates the direction ( trend ) in the short term span of 5 minutes per day ( 240 ) minutes . The intersection with the EMA 48 EMA 12 MUST BE READ . His rule was simple :

- EMA 12 ( to make it easier to remember : EMA which is smaller ) when cutting EMA 48 from above to below the mean SELL .

- When cutting from the bottom up means BUY

2 . With the help of EMA 12 and EMA 48 , that we will always do the OP - OP .

The question is : OFTEN HAPPENS , WHEN WILL intersected ( CROSS ) BETWEEN THE SECOND EMA , Intersect IT DOES NOT ALWAYS TURN FOLLOWED BY TREND ( When riding , it will continue to rise . Alternatively if dropped , then it will continue to fall ) . It often happens , it seems to happen CROSS , but it is not ! How to deal with a problem like this ?

The answer : EMA 96 that's the key ! The main function , irreplaceable , undeniable , and always occur in the forex pegerakan is FACT that :

1 . When the chart is above the 96 EMA from below , then the 96 EMA line is a point of support.

2 . Conversely , if the chart penetrate from above 96 EMA , 96 EMA line then this will be its resistance point .

The functions to be memorized from the above indicators :

1 . 96 EMA serves as a pivot / support - resistant daily . The above chart shows the 96 EMA line region BUY ( BUY Zone ) . The chart below shows the 96 EMA line region SELL ( SELL Zone ) .

2 . EMA 12 serves as an indicator of short -term trends . The above chart shows the 12 EMA line Bullish . The chart below shows the 12 EMA Bearish

3 . EMA 48 berfngsu as a long-term trend indicator daily . The above chart shows the 48 EMA line Bullish . The chart below shows the 48 EMA Bearish

4 . The intersection ( Cross ) with EMA 48 EMA 12 shows a change in trend . EMA 12 EMA 48 cut from top to bottom = bearish . EMA 12 EMA 48 cut from the bottom up = bullish .

5 . CCI 48 shows the long- term trend toward daily ( equal to the EMA 48 ) . Note the level 0 . This is important . Level 0 = EMA 96 = point pivot / support / resistance

6 . CCI 12 ( supported by zz mmindicator zemafor or visual ) as points OP.

rules practical buy and sell

1 . Open TF M5 . Right-click , select Properties , select common , and check the box " show period separators " .

2 . Zoom out to the smallest TF M5 ( click the " zoom out " on the menu until exhausted . Then , click once the " zoom in " his .

3 . Two vertical lines that appear in the chart shows the daily period . Divided into 3 regions by making a vertical line . It serves as a handle market conditions . Remember , there are three market conditions :

- Sideways

- Bullish

- Bearish

4 . Sideways is the left-most region . This area begins at the open market until about 10/11 hrs . Properties generally sideways . In it occurs naik-turun/turun-naik chart movements are relatively small . OP can only be done once or twice only.

5 . Bullish and Bearish territory located on the second and third zones . Started after at 10/11 pm . Typically , the trend will start to seem obvious between the hours of 2:30 to 3:00 pm . When Bullish , OP Buy. Maximum breakout occurs at the level of the 576 EMA 96 . Currently , close position . Simultaneously OP SELL with profuse Lot ( certainly fit MM ) . Do the opposite if the bearish trend . At present , we can OP 5-10 x .

6 . Be careful entering the American market . When the breakout has occurred at the end of the European market , generally will be formed again a new trend . Whether it continues the trend of Europe , or the reversal of the trend . Therefore , be alert to the News USD . This is important . I do not recommend to trade at the beginning of the American session . Wait until the complete News . Or the time is pointing to the 11 - hrs late .