48# Ema and Laguerre ForexTrading System
Traading with EMA and Laguerre
Submit by Forexstrategiesresources
Time Frame's: 15 min and above
Pairs: Any
Indicators:
Laguerre;
Ema 50;
Ema Crossover.
MACD (15,5,4)
Long Entry position:
Currency price is above the 50-period simple moving average.
Laguerre indicator is oversold (0- 0.15 value).
MACD >0
EMA cross-over shows a green up arrow.
Enter long trade at the candle's close.
Place initial stop a few pips below the most recent support level.
Target price on level support or resisteance.
Short Entry Position:
Currency price is below the 50-period simple moving average.
Laguerre indicator is overbougt (0.75- 1.05 value).
MACD<0
EMA cross-over shows a red down arrow.
Enter short trade at the candle's close.
Place initial stop a few pips above the most recent resistance level.
Target price on level support or resisteance.
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