EMA & RSI Intraday M15 system (EMA & RSI Intraday M15 system)
For lack of a better title, I chose "EMA & RSI Intraday M15 System".
I'm asking for help from everyone on this system, please don't be shy and share your screenshots and experiences. Let's turn this into a system we can use.
Someone once told me that it is difficult to consistently earn 10 points every day. I think it's possible. In my search for a system like this that gives me 10 points a day, I share this system with you. Please help improve this system.
I don't want to clutter the system with too many metrics, but if you think a metric would be helpful, feel free to share it and let us all test it.
Regarding the EA on this system, I don't know much about coding. We can think about it later.
Disclaimer: I am just sharing a system, trade at your own risk.
OK So here's the deal:
1. M15 EURUSD. You can test on other currencies at your own risk.
2. EMA 5 & 12, used for closing positions.
3. RSI 7, level 50.
Long: When EMA 5 crosses the upside of EMA 12 and the RSI is above 50.
Brief; when EMA 5 crosses EMA 12 downwards and the RSI is below 50.
Take profit: 10-30 points
Stop loss: 20 pips or the low of the previous candle when going long, and the high of the previous candle when going short.
See attached screenshot.
I'm asking for help from everyone on this system, please don't be shy and share your screenshots and experiences. Let's turn this into a system we can use.
Someone once told me that it is difficult to consistently earn 10 points every day. I think it's possible. In my search for a system like this that gives me 10 points a day, I share this system with you. Please help improve this system.
I don't want to clutter the system with too many metrics, but if you think a metric would be helpful, feel free to share it and let us all test it.
Regarding the EA on this system, I don't know much about coding. We can think about it later.
Disclaimer: I am just sharing a system, trade at your own risk.
OK So here's the deal:
1. M15 EURUSD. You can test on other currencies at your own risk.
2. EMA 5 & 12, used for closing positions.
3. RSI 7, level 50.
Long: When EMA 5 crosses the upside of EMA 12 and the RSI is above 50.
Brief; when EMA 5 crosses EMA 12 downwards and the RSI is below 50.
Take profit: 10-30 points
Stop loss: 20 pips or the low of the previous candle when going long, and the high of the previous candle when going short.
See attached screenshot.
























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