Forex Hitman

Forex Strategy wit 16 EMA and 48 EMA

Trading with EMA

This is system is intended for trading
on 5-minute timeframe. So please keep in mind this

important information.

Long Entry Rules

– The closing price is stay above the EMA
16

– The EMA 16 stays above the EMA 48

– Laguerre cuts above 0.8 level

Stop loss

Place your stop loss around 30pips from the entry point.

Exit rules

– Take profit half of your position when price has gone above 20
pips

Take profit the rest when the EMA
16 cuts below EMA 48
and

closing price stays below the EMA
48 on 5 minute
chart

Short entry

– The closing price is stay below the EMA
16

– The EMA 16 cuts or stays below EMA
48

– Laguerre cuts below 0.2 level

Stop loss

Place your stop loss around 30pips from the entry point.

Exit rules

– Take profit half of your position when price has gone below 20
pips

– Take profit of the rest when the EMA
16 cuts
above EMA 48 and
closing price stays above the

EMA 48 on 5 minute
chart

In the pictures Forex Hitman trading system in action.

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