Strategy Forex EURUSD Trend System – break, trend forex strategy for the currency pair EURUSD, filtering signals at the entrance to the market which takes place by means of 3 moving averages, trading is in the range of H1 (1:00).
To trade on the forex strategy, set in the chart EURUSD (H1) the following indicators forex:
- Exponential Moving Average EMA (144) with a level of -35 – the color of gold
- Exponential Moving Average EMA (169) with a level of 35 – gold
- simple moving average SMA (400) with levels of 35 and -35 – on the chart blue
- indicator, which draws the box – ant-GUBreakout_V.0.4.2.ex4 (GMTShift – 1 (for Alpari and Forex4you), Start -1:00, End – 5:59)
For ease of installation I recommend to download a template for Metatrader 4 at the end of this forex strategy.
To conclude a deal to buy we will if the following conditions:
1) Moving averages EMA (144) EMA (169) crossed the SMA (400) upwards (red rectangle in the figure below)
2) The maximum price of the blue “boxes” (1:00 – 5:59 GMT) is above all moving averages, including and above the dotted level 35 from EMA (144)
If these conditions are satisfied, then depart from the maximum price cartons 5 points (blue rectangle over the blue box) and bill pending order to buy – Buy Stop.
Stop-loss orders are putting on at least 3-5 points box.
Take-profit – box size of 15 points!
If the deal is not closed by stop-loss or take-profit, until the formation of the next box – the next day pending orders are not set!
If the deal does not open until the beginning of the formation of the box the next day – the pending order is removed!
Conclude transactions on the sales we will be under the following conditions:
1) Moving averages EMA (144) EMA (169) crossed the SMA (400) top-down (pink rectangle in the figure below)
2) the minimum price the blue “boxes”(1:00 – 5:59 GMT) is below all moving averages, including those below the dotted level “-35” from the EMA (144)
If these conditions are satisfied, then retreating from a minimum price of cartons 5 points (blue rectangle under the blue box) and bill pending order to sell.
Stop-loss puts on most boxes 3-5 points.
Take-profit – box size of 15 points!
If the deal is not closed until after the formation of the next box – the next day pending orders are not set!
If the deal does not open until the beginning of the formation of the box the next day – the pending order is removed!
- Download an indicator for Metatrader 4 – ant-GUBreakout_V.0.4.2.ex4
- Download a template for MT4 – eurusd_trend_system.tpl
- Attention template Metatrader 4 and the indicator must first unzip!
