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H.W.FX
Number of messages : 19
Points : 1605
Date of Entry : 2015-08-21
Year : 39

ma1 Follow the trend system

on Fri Aug 21, 2015 6:30 pm
“Follow the trend” system
Recommended timeframes H4

This trading system is applicable to all currency pairs.
Time-frames: 4H, Daily.
Indicators: 4EMA, 10EMA, ADX (28) с +DI and –DI, MACD (5,10,4).

Conditions for opening long positions:

1) +DI (the red dotted line of the ADX indicator) must be located above –DI (the blue dotted line of the ADX indicator);
2) 4EMA crosses 10EMA from below;
3) MACD (5, 10, 4) must be above the zero line.

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Conditions for opening short positions:

1) –DI (the red dotted line of the ADX indicator) must be located above +DI (the blue dotted line of the ADX indicator);
2) 4EMA crosses 10EMA from above;
3) MACD (5, 10, 4) must be below the zero line.  
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TakeProfit: 60 points on H4 time-frame/ 200 points on D1 time-frame
StopLoss: 3 times less than TP
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