Navigation


 Online publications


 Go back to the forum

Forex Stock Exchange Forum   

EMA,Stochastic and RSI Trading Strategy

Chris Moris | Published sun Jul 09, 2017 11:59 am

Indicators:

EMA 5, EMA 10, Stochastic (14, 3, 3) and RSI (14, 70, 30)

Conditions for entering into transactions:

For buy transactions: EMA 5 crosses EMA 10 from bottom to top, Stochastic lines are directed upwards;  they should not be in the overbought zone; RSI indicator is above 50.

For sell transactions: EMA 5 crosses EMA 10 from top to bottom, the lines of Stochastic  are directed downwards and they should not be in the oversold zone; RSI indicator is below 50.

Exit:

Crossing of the moving average lines in the reversed direction, or intersection of these lines by the indicator RSI


About the author