forex "Method 4 indicators" strategy is a another trading system using popular indicators forek that exist in any trading terminate MT4: 2 average EMA, ADX, as well as the MACD.
And so, adjust the schedule for the chosen currency pair, which can be any the following forex indicators:
Exponential Moving Average EMA with period 7, choose the color blue
Exponential Moving Average EMA with a period of 21, choose color red
The ADX (14)
The MACD (12,26,9), better suited MACD-combo
The recommended time interval - 1 hour (H1).
Conclude a deal to buy after moving average EMA 7 moving average crossed the 21 EMA and the ADX broke through the level 25 from the bottom up, and there is, and MACD forex indicator indicates a bullish trend (upward).
For the conclusion of transactions on sale - all the way around.
It is necessary to watch carefully, so that the ADX is above 25.
Stop-loss is set for local minima or for important Fibonacci levels.
Rules out of the trading position of forex strategy "4 indicator method":
Close trading position as soon as the average 7 EMA crosses 21 EMA high in the opposite direction. For hedging trading positions using a trailing stop (options depend on the chosen currency pair).
Take-profit set at a local minimum or maximum, or use for the purposes of the definition of Fibonacci extension.
Also carefully study the MACD indicator readings before a deal, if it is consolidated - do not trade, it is better to refrain from entering into transactions.
