60# Two Ema and Laguerre Trading System

Submit by Forexstrategiesresources

 

Time Frame:5min, 15min

Pairs:all

Indicators:

16EMA,48EMA;

Laguerre;

 

Long Entry:

-The closing Price is stay above the 16EMA;

-The 16EMA stays above the 48EMA;

-Laguerre cuts above 0.8 level.

Stop Loss

Place your stop loss around 30 pips below from the entry point.

Exit rules

Take profit half of your position when price has gone above 20 pips.

 Short Entry:

-The closing Price is stay below the 16EMA;

-The 16EMA stays below the 48EMA;

-Laguerre cuts above 0.2 level.

 


Stop Loss

Place your stop loss around 30 pips above from the entry point.

Exit rules

Take profit half of your position when price has gone below20 pips.

 

 

In the pictures below an example Two Ema and Laguerre Trading System in action.


 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 2
  • #2

    Palle (Saturday, 20 October 2018 14:16)

    For short trade, it should be "Laguerre cuts below 0.2". Thanks.

  • #1

    shane (Wednesday, 17 February 2016 22:26)

    nice!

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