EMA SYSTEM
Trading Strategy Overview
Time Frame
- H1 (Hourly)
- M5 (5-Minute)
Currency Pairs
- All pairs
Indicators
- Moving Averages
- 35 SMA (Simple Moving Average)
- 6 EMA (Exponential Moving Average, open price)
- 5 EMA (Exponential Moving Average, close price)
- Parabolic SAR (PSAR)
- Step: 0.018
- Max: 0.08
- Commodity Channel Index (CCI)
- Apply to typical price (HLC/3)
- Levels: +90 and -90
Long Entry Criteria
- 6 EMA and 5 EMA must be above 35 SMA
- PSAR should be below the price
- MACD indicator should be above 0
- CCI should be above +90
Risk Management
- Stop Loss: 35 pips
- Trail Stop: 15 pips
- Profit Target: 60 - 100 pips
Short Entry Criteria
- 6 EMA and 5 EMA must be below 35 SMA
- PSAR should be above the price
- MACD indicator should be below 0
- CCI should be below -90
Risk Management
- Stop Loss: 25 - 45 pips
- Trail Stop: 15 - 20 pips
- Profit Target: 60 - 100 pips
By following these guidelines, you can make informed trading decisions based on a combination of moving averages, PSAR, MACD, and CCI indicators. Always ensure to manage your risks with appropriate stop-loss and trail-stop levels to protect your capital.