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Forex EMA and ADX Strategy
Currency: any
Time frame: 1hr
Indicators: 5EMA(close), 6EMA(open), [ADX(14) at 20mark]
Rule:
Enter a long position when the 5EMA crosses the 6EMA up and the width
difference between them is a pip and the ADX must be over it's 20mark.
For those conservative traders, you could add 55EMA and 89EMA
to know the trend and only enter a position according to the
trend,that's enter long when the 55EMA is over the 89EMA and all other
parameters are in place as i have stated above.
--- SBJ --- by; Egudu ------
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| Category: Trading Strategy | Added by: forex-market (2009-09-29)
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| Views: 392
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