Forex strategies for HMA and SMI

Alpari Broker

Forex strategies for HMA and SMI - the recommended interval for trade - 4 hours (H4), works best in currency pairs with the yen;

On the schedule set Forex indicators: HMA 25 and SMI (you can download at the end of the strategy).

Terms of Business Strategy Forex HMA and SMI:

Open a deal to Buy as soon as the line of the indicator rising HMA (colored in green) and SMI indicator crosses its signal (dotted) line from the bottom up, under these conditions, the indicator forex SMI should not be in overbought condition (be higher 70). If it is currently higher than 70, then the transaction must be concluded, after it falls below this level.

Forex strategies for HMA and SMI

Starting a safety stop-loss should be placed under a local minimum.

When the profit of 100-150 points - portable stop-loss at break even.

The deal closed when the reverse lights.

For SELL - opposite conditions.

  • Share/Bookmark
Add to Twitter

If you liked this Forex strategy - You can subscribe to receive new materials on the site Strategy4forex.com by RSS or by e-mail:

Dealing Center NordFX

Comments (4) on "Forex strategies for HMA and SMI"

  1. Noam пишет:

    Hello,
    This HMA+SMI strategy is excellent.
    I only have 2 questions:
    1. Can you please explain again what you meant in saying: “If it is currently higher than 70, then the transaction must be concluded, after it falls below this level.”
    Do you mean that if after buying long, the SMI goes to above 70, then when it goes back below 70 you close?
    2. Also, when you say: “The deal closed when the reverse lights.” - do you mean to close when the HMA color changes? or when both HMA changes and SMI crosses?
    If 2. is correct then maybe it’s better to exit (close) only when 2. happens, not 1. because with 2. you get a better exit than waiting for SMI to go below 70 like in your picture above?
    Thank you.

  2. admin пишет:

    Noam,
    1) indicator SMI crosses its signal (dotted) line from the bottom up - only then is the deal!
    2) “The deal closed when the reverse lights.” - when both HMA changes and SMI crosses !

  3. Noam пишет:

    Thank you for your explanation.

  4. Noam пишет:

    It’s very interesting. I also use HMA 12 period, on H1 chart with regular stochastic 5,3,3.
    I use the stochastic for filtering out sideways market - when stochastic is flat on the 50 line then don’t trade. Also, if stochastic is on the “wrong” side don’t open a trade.
    Otherwise open when HMA changes color especially if stochastic also crossed, and exit
    at magic numbers - round numbers or fibonacci or if stochastic is going to cross again - whichever comes first.
    I was searching for HMA + stochastic or HMA + SMI and found your site.
    Thank you.

Post a Comment