Forex trading strategy #32-a (4hr MA Trends)
Submitted by User on June 29, 2010 - 16:48.
Submitted by Egudu
This is Egudu, I want to give you guys a cool system and it's simple.
Indicators: 5 SMA applied to close, 14 SMA applied to close and EMA of 144 and 169 applied to close.
Pairs: any
Time Frame: 4hrs only
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Hello Egudu,
Wonderful strategy.
However I think it would be better to have at least another confirmation before entering to avoid whipsaws. Such as Stocs at OB/OS and also to look out for divergence. What do you think? NewBoy
good system!!!
i guess you can but the whips would be too much, so if you can bear it, but i recommend 4hr thanks.
Hello There,
Can i use this system for 1 hour?or maybe do you have other settings to be used on 1 hour?
Regards,
Azim
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