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72# EMA's, RSI and Stochastic Trading System

Submit by Joy22

 

Time Frame 15 or higher.

Currency Pairs; all.

 

Indicators:

RSI (21) indicator;

Stochastic indicator (14, 5,5);

1°Set EMA fast ( 12, 5)exponential moving average indicator ;

2° Set EMA Slow (34, 45) exponential moving average indicator;

 

Long Entry:

Ema's (12, 5)> Ema'a (34, 45), RSI (indicator)>50 and Stochastic (indicator)>50.

 

Short Entry:

Ema's (12, 5)< Ema'a (34, 45), RSI<50 and Stochastic<50.

 


Exit Position

When 5Ema fast crosses 12EMA in oppsite direction.

Place stop loss level MA 34.

Profit Target (option exit) ratio 1/ 3 (example if stop loss is 4o pips the profit target is 120 pips.

 


EMA's, RSI and Stochastic Trading System

 

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EMA's , RSI and Stochastic
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