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Forex trading strategy #8 (EMA breakthrough)

Sooner or later all Forex traders begin experimenting with different EMA settings.
Quite often very interesting combination can be spotted. Here is one Simple Forex system based on 50 EMA indicator.

Any currency pair.
Time frame: 90 minute or 3 hour chart, 4 hour chart
Indicator: 50 EMA.

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If it doesn't make 5 pips, we wait.
Replacement or not, we'll still need to have our condition met (which is 5 pips).


Some time there is a swing but not a clear one like in this example. There is a method to distinguish the future clear cross and swings by the "noisy" one. I mean some time the lines cross but get immediately back crossing again and so on... I think in this case there is a side-ways market which sometimes can lead to losses.

I trade this method.

Entry is just above/below the most significant support/resistance area after the MVA is crossed.

My exit.. always near a support/resistance area on the other side of the MVA. If I get a sharp/quick move in my direction I will set my stop to break even, I hate losing. As well, if my trade continues, I set my stop just below/above the low/high points. Or if I get to a point where I'm at a 5:1 or higher win:loss ratio I may just exit and take the profits with a fat smile.

I trade this on 30-min or higher(higher generally seems safer/reliable), but obviously takes longer.

guys this strategy works well on higher time frames just look at previous piercing through the 50 ema line and and even after the cross it reverses you still can gain some pips i suggest using a 4 13 and 50 ema when the 4 ema crosses the 50 followed by 13 i enter with macd settings 2 10 4 for long macd should be above 0 and for sell macd should be below also look for early strong reversal candlesticks hammer engulfing etc

happy trading

Dear Edward,

Unfortunately I read your 50 EMA strategy on Friday just before the market closes. I am excitedly waiting for sunday night 00.00 to give it a try.. I will keep you informed...


Dear Edward,

Please give us your opinion if this method works with 15 minutes charts? I checked the previous charts in MT4, it seems the strategy also works for 15 minutes.. What do you think?

Thanks and best regards,


Dear Edward,

I have been trying this method since monday (2 days only so far). It gave me really good signals when to enter a position. According to my 2 days experience, ADX is the best indicator showing when to exit the position...

Best regards,

Hi Edward,

I'm new to this forex. I use MT4. Does this work for 1 hour time frame? If not, what would you recommend for 1 hour time frame?