Forex system – Jobs Alert Shop

Day trade forex strategy system, MACD RSI and EMA free MT4 template, forex indicators.

Posted: 14 Nov 2020 05:14 AM PST

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Day trade 30min time frame is a trend momentum system, it’s based on exponential moving averages.

Time frame 30 min or higher.

Currency pairs:AUD/USD, USD/JPY, EUR/USD, GBP/USD, EUR/JPY, NZD/USD, USD/CAD, GBP/JPY.

Indicators:

Exponential Moving Average 6 period, close, the color blue,

Exponential Moving Averages from 7 at 20 periods, close green,

Exponential Moving Average 21 period, close, the color red,

MACD (3, 26, 1).

RSI (10 periods) oversold 30 levels, overbought 70 levels.

Trading Rules Day Trade 30 min Time Frame

Buy

MACD above 0 lines.

RSI must be below 70 lines or above 30 lines.

The candle must be close above EMA area.

Red or blue EMA must be clear in the chart. (not covered by other ema).

Sale

MACD below 0 lines.

RSI must be below 70 lines or above 30 lines.

The candle must be close below EMA area.

Red or blue EMA must be clear in the chart. (not covered by other ema).

Exit position

You can give a take profit at 1 to 3 or 1 to 2 ratio. Initial stop loss last turning point, Or you can close a trade when candle close inside the ema area.

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Forex system – Jobs Alert Shop

Forex system – Jobs Alert Shop

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