Forex trading strategy #2 (Slow moving averages crossover)

Submitted by Edward Revy on February 28, 2007 - 13:08.

Current strategy applies the same principles as Strategy #1.

Use time frame and currency which respond the best (1 hour, 1 day… or any other).
Indicators: (multiple of 7) 7 SMA, 14 SMA, 21 SMA.

Entry rules: When 7 SMA goes through 14 and continues through 21, BUY/SELL in the direction of 7 SMA once price gets through 21 SMA.

Read entire post >>>

Submitted by User on August 25, 2011 - 20:19.

What's the 14 sma for? You only need 7 and 21 .yes?

Submitted by User on November 29, 2011 - 11:57.

I heard an moving average indicator like this with a 90% accuracy.. True?

Submitted by Sam on February 10, 2012 - 08:56.

Hi, could anyone recommend where to find a daily list of SMA crosses - especially 9day/21day crosses.
Thanks,
Sam

Who's online