GJ 5/8/120/192 | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Let me start by saying that this is not my primary trading strategy. I've made another plan. The idea is just for when I'm waiting for settings, sometimes they take a while.
I really didn't invent this as some aspects were taken from many systems and I compiled them to suit my use.
With that said, I wanted to share a 15M GJ that I have been working on for a while but never put into practice until early last week. I don't have any track record or backtest results other than the visuals of this strategy.
Technical information
EMA-5() set to off
EMA-8 ( blue ) set to on
EMA-120() set to off
EMA-192 ( blue thick ) set to on
Stoch- 12,3,3 (Main-, Signal- Blue )
ATR-30
So you guessed it, this is a MA crossover system.
EMA 120/192 is the main trend. Only trade in that direction.
EMA 5/8 is a signal,
Stoch Confirm entry
ATR is TP
The stop loss is currently discretionary, but I tend to set it to the highest price before entry.
In fact, when all the colors line up, the deal works, it's pretty simple.
I love the visuals and they are easy to identify.
So far this week I'm aiming for 20-30 a day, but I wouldn't say that's guaranteed since my only results were last week.
I really didn't invent this as some aspects were taken from many systems and I compiled them to suit my use.
With that said, I wanted to share a 15M GJ that I have been working on for a while but never put into practice until early last week. I don't have any track record or backtest results other than the visuals of this strategy.
Technical information
EMA-5() set to off
EMA-8 ( blue ) set to on
EMA-120() set to off
EMA-192 ( blue thick ) set to on
Stoch- 12,3,3 (Main-, Signal- Blue )
ATR-30
So you guessed it, this is a MA crossover system.
EMA 120/192 is the main trend. Only trade in that direction.
EMA 5/8 is a signal,
Stoch Confirm entry
ATR is TP
The stop loss is currently discretionary, but I tend to set it to the highest price before entry.
In fact, when all the colors line up, the deal works, it's pretty simple.
I love the visuals and they are easy to identify.
So far this week I'm aiming for 20-30 a day, but I wouldn't say that's guaranteed since my only results were last week.
Attachment to original post (1)
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •