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100 EMA on Two Timeframes Strategy

Chris Moris | Published thu Jul 06, 2017 9:16 am

Instruments: All

Timeframes: M15 or H1

Trading hours: London and New-York’s trading sessions.

Indicators:

Conditions for opening long positions:

On the chart M15 the line EMA 5 crosses the line EMA 100 from bottom to top; on the chart H1 the line EMA 5 is above EMA 100.

Conditions for opening short positions:

On the chart M15 the line EMA 5 crosses the line EMA 100 from top to bottom; on the chart H1 the line EMA 5 is below EMA 100.

Stop Loss: 10 points or the previous price extremum.

Take profit: 30 points.

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