Forex trading for beginners - MT4/MT5 resources
Hey guys,
This is my trading strategy. It's very profitable. Try this and let me know the results. Okay, you understand the need
10 moving average
21 moving average
50 moving average
100 moving average
They should all line up for the trade. I use a combination of 4 hours, 1 hour, and 15 minutes. So when it coincides exactly at 4 hours, check if it also coincides with 1 hour and if both trade at 15 minutes, exit at 15 minutes when the 10 EMA crosses the 21 EMA. Also keep an eye on the daily ATR, let's say the particular currency pair you are trading has a daily range of 100 pips, if you get a signal after it has moved more than 50 pips, avoid that trade, you need some breathing room as it is a day trading system.
For a sell trade, the bottom should be the 10 EMA, the top should be the 21 EMA, the top should be the 50 EMA, and the top should be the 100 EMA.
For a buy trade, the bottom should be the 100 EMA, above the 50 EMA, above the 50 EMA the 21 EMA, and the top should be the 10 EMA.
The exit is when the 10 EMA crosses the 21 EMA at 15 minutes.
Here is the link to my video
Insert video






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