200 exponential moving average channel

 

200 exponential moving average channel

200EMA Channel with forex rainbow

 

200 exponential moving average channel is trading method based on EMA channel with forex
rainbow indicator
.

Time Frame 15 min.

Currency pairs:any.

SessionLondon and
NewYork.

This is an Intraday Forex Strategytrend following.

Indicators used:

200
EMA High;

200EMA
low;

Forex Rainbow.

Long Entry

wait that the price breaks upper channel 200 exponential moving
average
.

Buy when appears at aqua dot forex
rainbow indicators.

Short Entry

Wait that the price breaks lower channel 200 exponential moving average.

Buy when appears at aqua dot forex
rainbow
  indicators.

 

Exit Position

Get E-Book Worth $100 for Free!!!

This is a forex
scalping strategy
. Fast profit
target that depends by Currency Pairs (min 7-max 10 pips)

Stop loss 15-20 pips or:

for buy 2 pips below lover channel;

for sell 2 pips above upper channel.

 

In the pictures 200 exponential moving average
channel
in action.

200 EMA Channel wit Forex Rainbow
200 EMA Channel wit Forex Rainbow
200 EMA Channel with Forex Rainbow
200 EMA Channel with Forex Rainbow
200 EMA Channel with T4
200 EMA Channel with T4

200EMA Channel with T4 indicators

Buy when red band T4 is upper and T4 >200 Ema Channel.

Sell when blue band T4 is upper and T4<200 EMA Channel.

Exit position as the previous.

Happy Trading

Share your opinion, can help everyone to understand the forex
strategy.

  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
0/5 (0 Reviews)