Saturday, January 9, 2016

Forex Strategy on 3 EMA + Bollinger

Forex Strategy on 3 EMA + Bollinger works well on any currency pair, for the transaction, you must first examine the 2-slot: 30 minutes + 5 minutes, and only then make a decision about the opening of a trading position.


Replace the selected chart following indicators forex (all of them are present in the Metatrader 4 trading terminal):
1) Exponential Moving Average EMA with a period of 14
2) Moving Average EMA with a period of 21
3) Exponential Moving Average EMA with a period of 50
4) Bollinger Bands indicator with parameters (20, 2)

Terms of the transaction on forex strategy at the 3 EMA + Bollinger Bands (necessary so that all the conditions vypolnelis):
1) Open the 5 minute chart and draw the graph analysis:
5 minute price chart trend is up when: Moving Average EMA 14 EMA 21 is above average, and the moving average of 14 EMA and the 21 EMA 50 EMA is above average, and if the exponential moving average 50 EMA is within the Bollinger Bands.

2) go to 30 minute price chart When these conditions.

And if it is a moving average EMA 14 EMA 21 is above average, and the average 14 EMA and the 21 EMA above the moving average of 50 EMA and 50 EMA is within the Bollinger Bands.
Torgda only need to open a trading position to buy.