FREE FOREX STRATEGIES

#3 The Best of EMA Crosses on S/R


AUTHOR: Ayetemimowa James
STRATEGY: The Best of EMA Crosses on S/R
Time frames: 1hr and 15min
Indicators: 5ema(close-red), 6ema(Open-blue), 20ema(close green), Daily, weekly, monthly pivot,Fibonacci retracement Weekly and Daily support and resistants, Breakout-Eagle Indicator.

PAIRS: Anything traded online that respects technicals - Commodities, FOREX, INDEXES, SHARES ETC

SETUP:
I will be using EUR/USD June 3 as an example.


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Thanks for this strategy.

Hi i just notice that MA settings are 5ema(close-red), 6ema(Open-blue).
The EMA Crossover Signal indicator attached is set to both(close).

Do i need to change?

Yes, you'll need to change the settings to close and open.

Kind regards,
Edward

my question is if this works on a 1 hour timeframe entry what about the daily weekly or monthly?

Please explain break out eagle indicator, How to make profit in this case.
Rams

Edward, How can you change the setting in the EMA Crossover Signal indicator ? (change setting of 6EMA to open)
I cannot see how to do it in the box where I set the indicator


 

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