Core services

Core servicesPLAN FEATURE


As soon as you receive this follow-up message or got to aware of that recommended price is triggered by yourself, our recommendation is you have to buy 2 LOTS OR in multiples of 1 as per your capital and immediately place your stoploss at mentioned price.

Target 1 & Target 2

When Target 1 reaches, we will send the follow-up message as follows.

ABAN 420CE Bought at 10, T1 15 achieved. Book half profit. Modified SL: 10. Time Sent: 11:29:04 AM TrendMarket. in

As soon as you receive this follow-up message or got to aware of that targat 1 reaches by yourself, you have to book 1 Lot and immediately modify your stoploss at the mentioned rate or BUY/SELL rate.

When Target 2 reaches, we will send the follow-up message as follows.

ABAN 420CE Bought at 10, T2 20 achieved. Book full profit. Time Sent: 11:52:08 AM TrendMarket. in

As soon as you receive this follow-up message or got to aware of that targat 2 reaches by yourself, you have to book remaining 1 lot.

Book Partial Profit & Book Full Profit

Say with the above sample tips, NIFTY is trading around 5222, and market is too volatile. To safe gaurd you in volatility, we may think it is better to book partial profit and modify the stoploss to recommended price.

Following is the format you will receive for Book Partial Profit.

ABAN 420CE Bought at 10, Book partial profit at CMP or 14; Modified SL 10; Time Sent: 11:27:58 AM TrendMarket. in

As soon as you receive this follow-up message, you have to book 1 LOT and immediately modify your stoploss at the mentioned rate or BUY/SELL rate.

You have to book the remaining lot when you receive the follow-up message to book full profit.

Following is the format you will receive for Book Full Profit.

ABAN 420CE Bought at10, Book full profit at CMP or 18; Time Sent: 12:33:08 PM TrendMarket. in

Note: In some scenarios, we may ask you to book full profit before Target 1 reaches or partial profit. We may get into this kind of scenarios when we feel market is extream volatility and to safe gaurd from any uncertain events. In this case you have to book 2 full lots.

Stoploss & Exit Call

Stoploss is a part & parcel of trading and is the powerful mechanism to protect you from huge loss. We always recommend you to place the stoploss as soon as you take the position.

Following is the follow-up message format, when stoploss hits

ABAN 420CE Bought at 10, stoploss 4 triggered. Exit. Time Sent: 11:27:58 AM TrendMarket. in

As soon as you receive this follow-up message, you have to exit 2 LOTS immediately.

Sometimes we may feel it will hit stoploss because of volatility in market and we may ask you to exit before it hits stoploss in order to avoid huge loss.

Following is the format of exit call.

ABAN 420CE Bought at 10, exit at CMP or 8; Time Sent: 12:33:08 PM TrendMarket. in

Intraday trading using camarilla equation

Intraday trading using camarilla equationHow to use Camarilla Pivot Calculator

Look at the opening price for the stock/futures/commodities/currency.

There are various scenarios that can occur

Scenario 1

Open price is between H3 and L3

Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 - H1, Target2 - H2, Target3 - H3

For Short Sell

Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 - L1, Target2 - L2, Target3- L3

Scenario 2

Open price is between H3 and H4

When price moves above H4, buy. Stoploss when price goes below H3. Target - 0.5% to 1%

For Short Sell

When the price goes below H3, sell. Stopless when prices moves above H4. Target1 - L1, Target2 - L2, Target3- L3

Best forex trading books

Best forex trading booksBest currency trading books on Amazon. 2015 highest rated, top recommended best sellers Forex trading books to read for beginner to advanced traders.


Best Forex trading book

Written by Wayne McDonell, the Chief Currency Coach at FX Bootcamp, this book shows readers how to successfully trade the Forex market on their own. FX Bootcamp's Guide to Strategic and Tactical Forex Trading skillfully explains how to combine popular technical indicators to formulate a comprehensive market strategy. Readers will then learn how to focus on using this information to create a tactical trading plan--one that will help them pull the trigger to get in and out of a trade. Along the way, McDonell takes the time to discuss the various challenges a Forex trader faces, such as greed, fear, loss, and isolation. As a Forex trader and educator of traders, Wayne McDonell knows what it takes to make it in the competitive world of Forex. And with FX Bootcamp's Guide to Strategic and Tactical Forex Trading he shows readers how.

Wayne really hits the mark with this book. It's a basic summary of the method he teaches at fxbootcamp. Not only does he cover the technical and fundamental aspects that a successful Forex trader needs to know, but he covers the other all important topics too, like risk analysis, trade plans & journals, trade reviews and having the right mindset to be a successful trader. All with no Fluff!

I found Wayne's book really helped me trade according to MY rules, not the markets rules. This meant that when I trade, it's become a lot of fun again. Now I am trading in one night, profit wise, what I used to trade in one month.

If you want to get a clear sense of what is in this book, have a look at his videos on FXStreet blogs called "2 Hour Video: Strategic & Tactical FOREX Trading". blogs. fxstreet/fxbootcamp/2008/03/12/2-hour-video-strategic-tactical-forex-trading

I recommend this book to anyone who feels there is room to improve in their Forex trading, or is looking for a reliable, simple system to follow. The method outline in Wayne's book won't give you every pip in a market's movements, but it will provide you with a large portion of them, in a conservative manner.

I also recommend this book to new FX Bootcampers, as it will help them come up to speed quickly, with the method Wayne teachers at FX Bootcamp.

In response to Jeff Marsick's review (RE - Good But Poorly Edited), I agree that this book could have done with more editting. In regards to Wayne's MACD settings of 21, 55, 8, this is in fact correct. One of the things with Wayne's method is that he uses a slowed down MACD oscillator to guage MARKET speed (medium term price action) and a sped up Stochastics oscillator to measure PRICE momentum (short term price action). This is covered in the above mentioned webinar video at around 18 minutes into it.

Forex trading example

Forex trading exampleForex Trading Software Example

The 15 minute Forex chart below was created by data supplied by eSignal. As you can see, IntrepidTrader's Elliott Wave algorithm identifies an ABC Elliott Wave correction. As the market breaks through the bottom of the golden box surrounding the correction, a short entry was triggered. Our stoploss order would have been placed at the top of this box. As the trend unfolds, new boxes are formed which allow us to move our stoploss orders and lock in our profits. As you see, this trade would have been stopped out for a 311% profit versus the initial risk taken.

Free forex signals buy sell

Free forex signals buy sellFree forex signals buy sell

So, you’ve decided to use free forex signals and automate your trading business. Congratulations! Now you have to decide which program or service to use. There are a number of reputable forex free signals buy sell software packages available for purchase. There are also dozens of well-rated free forex signal services that give you 24/7 support and full free forex signals live market data access.

The choice of which route to go is a personal one. Many people prefer working on their own, managing their own portfolio and setting up their own signals through a software package. This works very well for individuals who have taken the time to truly immerse themselves in the forex market. Stop-losses, limits, trends, entry and exit points are sensitive and can make or break a profit.

Free forex buy signals with stoploss

Free forex buy signals without stoploss

Free forex sell signals with stoploss

Free forex sell signals without stoploss

Although many of the forex free signals buy sell software packages can provide you with tools to adjust and modify these, they may not provide you with the full wealth of knowledge available through other sources.

Free forex trading buy sell signals

Contracting with a service for your forex free signals buy sell program is a great option for those who like dealing with live people. You still get the accuracy of automation, but usually have access to a wide variety of tools, resources, references, articles and other things that can provide you with information relevant to your trades. These types of services are also usually available to provide customer support and have existing customer references to back them up. Take some time to consider which of these options will work best with your business.

Near term trading strategies by ravi nathani

Near term trading strategies by ravi nathaniNear Term: Buy on dips with a strict stoploss of close below Rs 240, as technical bounce could be expected.

Intraday trading Levels Buy Above: Rs 254 Resistance Rs 256 | 258 | 263

Sell Below: Rs 249 Support Rs 247 | 244 | 240

Weekly Levels Rs 247 Resistance Rs 251 | 256 | 266

Below mentioned are the Intraday Levels along with Near Term Trading Strategies for: 30-Oct-15

Near Term: Buy on dips with a strict stoploss of close below Rs 240, as technical bounce could be expected.

Intraday trading Levels Buy Above: Rs 254 Resistance Rs 256 | 258 | 263

Sell Below: Rs 249 Support Rs 247 | 244 | 240

Intraday strategy by buying put and call option of same rate

Intraday strategy by buying put and call option of same rateIntraday strategy by buying Put and Call option of same rate

Intraday strategy by buying Put and Call option of same rate

I am doing paper trade on this strategy perhaps one of the straddle strategy. I am not an expert. From experts of option strategies I have request to kindly discuss this strategy.

In this my strategy I want to buy put and call options at same rate (nearly same premium ) say at Rs. 28 and Rs. 29 respectively. I give a stoploss of Rs. 5-6 gap to premium of unfavourable (less predictable) direction and simultaneously 10-11 point target to another favourable direction. Assuming Rs. 1-2 brokerage expenses. Can this strategy be worked daily to make profits consistently.

I neither have much time nor resources to devote to actually check this strategy movement. Those of u who have already followed it or know about it Kindly discuss drawbacks and failure points.

Perhaps failures may result where target is not reached because of rangeboud market and both side may go with minor stoploss gaps (Rs. 5-6 difference).

First hour breakout strategy

First hour breakout strategyFirst Hour Breakout Strategy

First Hour Breakout Strategy

This is a very good profitable day trading strategy i am following for Tata Motors. It could work with other stocks as well as long as its a good momentum stock.

Entry Note down day hi, lo at 10:00 AM, go long on breakout of high or go short on breakout of low. I dont use any buffer. I place orders blindly. i dont wait for a pullback. I place orders on both sides (some brokers may not accept this). I cancel the other leg if one leg is triggered. I dont trade this on both sides on same day. only one trade per day. thats all. so simple.

Stoploss . Never open a trade without a stoploss. In this case its the other side hi/lo. For example, if you entered long, then SL is low of the first hour candle. similarly for short, its high of 1st hour candle. again i dont use any buffer. but you can chose some buffer for your comfort

Take Profit . This is the tough part. I am not a big fan of trailing stoplosses. Lot of times it eats into your profits. ofcourse sometimes you could lose a big move. For me a fixed TP is preferable. Its 75% of the 1st hour range (high-low). Why 75%. why not 100% or 50%. you could chose any number you are comfortable with. Again this is a function of how large is the range. if its a trending day (i wish i knew this at 10:00 AM ), you can go for a larger profit. with 75%, RRR is less than 1:1, but the hit rate is good, so i am comfortable with this

Backtesting Frankly speeking i dont have tools to do this. i have the data. but need a afl which could do this. but i am following this for last 1 month and very very rarely i end up on losses. every week is profitable so far. pl paper trade for some days before you follow this

Why this will work . Market tries to settle down in first 1 hour. then look for the direction. so we go in the same direction as breakout

No trade If the 1st hour bar is too large. any thing above 12 rs is no trade for me

Mar 5 2010

At 10:00 AM. day high = 814.8 low = 809, so range is = 5.8. placed buy order at 814.8 and sell order at 809. sell order got filled at 10:13 AM. take profit for this is 75% of range = 809 - 4.35 = 804.65. stoploss is high at 10:00 AM = 814.8. Result = take profit hit at 10:18 AM. this is a very very good trade, that lasted just 5 min, but every day wont be like this. if i havent taken profit at 75%, instead waited till close, i would have gained 15 rs instead of 4.35 rs. but i prefer fixed targets

Forex trading strategy#22(best of macd entries)

Forex trading strategy#22(best of macd entries)Forex trading strategy #22 (Best of MACD Entries)


- Plot the indicators as described above

- Your setup should look like this link: bondfx. biz/fx_strat. jpg

- The market is bearish if the Red sma is above the Green sma

- The market is bullish if the Green sms is above the Red sma

- If the Market is bearish as said above, trade sell when MACD is over bought and crossed

- If the Market is bullish as said above, trade buy when MACD is over sold and crossed

- At your entry point, the most recent swing high is good for stoploss (few pips away from it for a short-sell trade)

- At your entry point, the most recent swing low is good for stoploss (few pips away from it for a long trade trade)

- With Instant entry 20-30pips take-profit with 1 or 2 trades perday will help you.

- Dont joke with money management contact bondfx. biz for details

- For free signals on this strategies and more filters on daily basis contact bondfx. biz

- Make pips, keep the money.


Advanced scalper

Advanced scalperAdvanced Scalper

Advanced scalper is a new expert advisor that claims to provide a Forex scalping technique that is very futuristic and will change the way many people think about this type of strategy. For hundred $75 traders can now access the software and get one license.

Today Ill be providing a short review to let you know my thoughts about this software and the strategy if there are details about this as well.

Advanced Scalper Review

The Advanced Scalper Forex system trades only two hours a day between 21-23 GMT. This is a very short period of time but I do like systems that are very specific in when they trade and how they trades of this is something that I do like. The robot trades multiple pairs consisting of the EURCHF, EURGPB, EURUSD, GBPCHF, GBPUSD, and USDCHF. The software trades all of these currencies on the M1 timeframe and the strategies has been optimized for each currency specifically and the direction in which the developer believes that currency is more likely to go in.

The take profit and stoploss is also different depending on each currency pair and it ranges between 5 to 10 pips for the take profit and 30 to 70 pips for the stoploss which is very common settings for a scalping type of software like the advanced scalper. The development team decided to focus on turbulent market times and conditions because they believe during the 21 to 23 GMT they can make the most out of the markets.

The only issue I see so far with this software is that it is not supported yet for mt4 600 build. Although I cant really blame the advanced scalper for this I am having some trouble with my own personal EAs and this 600 build is really causing a lot of issues.

Here is the advanced scalper my FX book trading account, Ill go over this now in some more detail.

At this point in time the software has been trading since mid January so we are looking at just over a month of results. In this time the scalper has gained 25% profiting hundred and $30 on a $512 deposit. During this period the software made 150 trades and the take profit and stoploss levels are in line with what I was discussing before. We see many wins in between the 5 to 10 PIP range and one or two below that.

The advanced scalper is another product that Im going to put on the watchlist. That means that Im not recommending that you buy this software today but I do recommend that you watch over this software over the next two months and then at the three-month mark if we have some independent results and some reviews from other traders in the market we continue about going forward with this. If you have anything you would like to contribute to this review of the advanced scalper Forex software please leave your comments below and let me know if you have any questions.

My win system trading system-forex strategies-forex resources-forex trading-free forex trading

My win system trading system-forex strategies-forex resources-forex trading-free forex tradingXBD4 Trading System

Magick Stick (for manage position)

When main indicator calculate new values, we move stop loss and profit target to this value.

Comments: 1

Muhiuddin ( Saturday, 07 June 2014 08:27 )

I have downloaded and install My Win System V.3 [1.9 MB]. Kindly guide me if I am wrong.

1. On GMT00 we look at chart if xb4 is red we sell at market.

2. StopLoss and Take Profit is 80,80 pips.

3. I did not found any (Main Indicator) indicator that suggest to move stop loss / take profit on chart.(just forex factory calendar telling about news). Kindly suggest how to move stoploss and take profit. When I look at chart indicator list it display (Moving Average, FFCal and Pivot Multiday)

4. Next morning if trade continue and does not reach TP or SL GMT00. should we close trade and enter new one according to xb4 color? or keep to continue untill TP or SL hit.

I will be highly appreciated for your prompt action.

Guaranteed tips for-nifty future

Guaranteed tips for-nifty future*100% Intraday Nifty future Bank Nifty Future Calls

* Daily One call for Nifty future or Bank Nifty.

* You will get more than 90% Accuracy, you can see our latest performance fully updated till the last Month.

* This is the best package if you are trading with trading capital of 1.5 lakh to 3 lakhs. but if you have more than 3 lakhs. then you should take our Jackpot Nifty Future Tips Click here for more details

* Minimum Capital required only 1.5 lac ( you should be able to use minimum 3 lots)

* You can easily earn Minimum +400 points in a month

* Very small Stoploss will be given by us around 10 to 25 points only.

* Nifty FIIs Levels will be given daily (free of cost) Which are 99.99% Accurate in live Market and You will be Able to earn more Profit using these Levels.

* We usually capture 30 to 80 points daily in one trade.

* 100% Intraday Calls only. No Positional call. No Overnight Tension.

* If stoploss triggered in any day then you may get the 2nd call on the same day. otherwise there is only one call a day.

* Every SMS will be provided with Entry Price. 1 stoploss and 3 target only, and we will modify our targets if we will see that you can earn more from the same trade and it is very important to book partial profits in intraday trading

* We will teach you where and how much you have to book at our targets, how you have to modify stoploss, how you have to put the orders etc. everything.

* Points are calculated in one lot only

* You should have low brokerage or free brokerage (you can contact us for more information ) to get more profits from the same call and to earn huge profits from our calls.

* You will get enough time to enter into the trade

* Subscribe for 2 months Plan to get Nifty FII level Strategies

1) Select the Package from the given comparative chart

2.)Pay the required amount by any following payment method.

a. We do not accept Cash

b. Debit cards of ( CITY BANK - PNB -- CANARA BANK --- SBI --- UNION BANK OF INDIA )

d. NET BANKING by every bank of India. Just click on pay now you can pay us easily within 2 minutes

e. ITZ cash card, mobile payment . just click on pay now you can pay us easily within 2 minutes.

f. We accept payment through cheque also. you can drop cheque in our acount holder banks ,( ICICI or HDFC BANKS)

These cheque can be dropped at any HDFC atm counter's cheque drop box

c. Can transfer funds via electronic transfer from your account to our account

Account Name: Super Nse Tips Com

Account Number: 0316 0500 1223

Account type: current

Name of the bank. ICICI BANK

Branch name. Delhi

RTGS / NEFT (IFSC code). ICIC0000316

(remember payment by DEBIT CARD and NET BANKING. FUND TRANSFER will give you instant activation, and your account will start working from the same day so enjoy by paying online.

Expert advisor builder for metatrader4

Expert advisor builder for metatrader4Expert Advisor Builder for MetaTrader 4


Expert Advisor Builder allows you to create Expert Advisor for MetaTrader 4 easily. *Please enable JavaScript.

If you'd like to save/load your settings, click Save/Load button.

What's New(18 Feb. 2012)

18 Feb. 2012 Removed the first non-needed logical operator field("AND/OR") from each logic form.

5 May. 2009 Changed the name of tabs, and added the Guide and the Tutorial for Expert Advisor Builder.

21 Oct. 2007 Changed template tags and user interface design.

24 Apr. 2007 Added the 'Template', to use your own MQL codes.

3 May. 2006 Added the function of sending mail. Switched 'SignalMail' variable of the property.

11 Apl. 2006 Supported trading multi currencies at the same time.(Attached EAs to charts of currencies you'd like to have it trade.)

28 Jan. 2006 Added 'Save/Load' saves/loads your settings to/from the file.

11 Jan. 2006 Added 'Variables' can make you easily input the same indicators/parameters, mathematical operations and more advanced operations.

7 Jan. 2006 Supported the immediate reversal entry.

5 Jan. 2006 [BugFix] Entry signals and Exit signals had been executed at the same time.

31 Dec. 2005 [BugFix] The StopLoss, TakeProfit options hadn't worked. Please modify the following part in the file had already been downloaded.

StopLossLevel = Ask - StopLoss * Point; -> if (StopLossMode) StopLossLevel = Ask - StopLoss * Point; else StopLossLevel = 0.0;

TakeProfitLevel = Ask + TakeProfit * Point; -> if (TakeProfitMode) TakeProfitLevel = Ask + TakeProfit * Point; else TakeProfitLevel = 0.0;

StopLossLevel = Bid + StopLoss * Point; -> if (StopLossMode) StopLossLevel = Bid + StopLoss * Point; else StopLossLevel = 0.0;

TakeProfitLevel = Bid - TakeProfit * Point; -> if (TakeProfitMode) TakeProfitLevel = Bid - TakeProfit * Point; else TakeProfitLevel = 0.0;

28 Dec. 2005 Added 'Symbol', 'Timeframe' parameters to the parameters form.

27 Dec. 2005 Added an extern setting of Magic number to the exporting file and insert it in comment fields in the Account History Log.

27 Dec. 2005 Added the link to indicator's images and the Website distribute custom indicators on the parameters form.

25 Dec. 2005 Added 'Custom Indicator' and some custom indicators on the indicators form.

25 Dec. 2005 [BugFix] The export file could not be compiled.(Please make line feed code CR + LF, and save the file has already been downloaded.)

23 Dec. 2005 Changed from 'Close logics' to 'Close(Buy) logics/Close(Sell) logics'.

22 Dec. 2005 Added 'Collapse/Expand' on the parameters form.

17 Dec. 2005 Released.

In no event will author be liable for any damages whatsoever, including direct, indirect, special, consequential, incidental, exemplary, punitive or other damages such as lost profits or revenue, business interruption, data loss, costs of Replacement goods or damages to your computer equipment arising out of or in connection with the use of, or inability to use, this site or any other hyper linked Web site or the information contained or services offered at any of these sites, even if author is expressly advised of the possibility of such damages. Please use at your own risk.

Forex spot trading vs forex trading with cfds

Forex spot trading vs forex trading with cfdsForex Spot Trading vs Forex Trading with CFDs

If you are interested in trading on the currency markets, in recent years you have been given a choice of how to do this. You can open a Forex account at a broker, and there are many advertisements and websites encouraging you to do this. But you also have a choice of trading currencies using contracts for difference (CFDs), and there are some subtle differences that may influence which way you choose to go.

First, the similarities. Each type of trading allows you a great deal of leverage on your money. Leverage means that your investment can be less to control and profit from a certain amount of currency, or that you can increase the size of your trade for a given amount of money. Leverage is a double-edged sword, as it means that your losses can also mount up quickly, so when you are enjoying the advantage of leveraged products you must be careful to set limits to avoid the possible downside.

With both Forex CFDs and the normal Forex market there is an enormous amount of leverage available. Whether you get more leverage with CFDs or a Forex broker may depend on your relationship with them, but it may well be 100 to 1. Generally you won't pay commissions, as the brokers profits come from the spread in price between the buying and selling figures.

The proud boast of the Forex market is that you can make money whether the currency is going up or down. This is true because you can either buy or sell the currency pair, and so take either side of the contract. This is no different when you use CFDs - one of the features of CFDs is that you can take a short position as easily as a long position, and this applies whichever market you're trading in, whether stocks, commodities, or Forex.

This actually highlights one of the advantages of CFDs. You only need to have one account with a broker to be able to trade in many different markets, including the Forex market. You can choose to trade whatever financial security you think is currently offering the best chance of a profit, and you don't need to open accounts at different brokers to have this facility.

One of the features offered by many CFD dealers is a guaranteed stop loss. This is something which is not available with conventional trading, and it depends on whether your dealer is a market maker or offers direct market access. If you can trade with a guaranteed stoploss, then this gives you an advantage over the normal stoploss, where the sell order becomes the market order when your stop level is reached. A guaranteed stoploss means that your trade will be liquidated at the price you request.

As you'll find when you use CFDs, they offer more flexibility in the size of your position than other alternatives and are user friendly. Your contract is simply to gain or lose from the difference in value between the contract price and the market price.

Ema rsi simple strategy

Ema rsi simple strategyEMA+RSI Simple Strategy

EMA+RSI Simple Strategy

Here is a simple trading strategy which uses 2 of the most popular indicators which are found on almost every trading platform. Even though it is a simple trading strategy, it can be quite profitable if you use it wisely. In this strategy we will be using 4 EMA and 1 RSI. We are going to use this strategy on trending pairs like EURUSD or GBPUSD. Other pairs is supported as well, as long as they are volatile. I suggest you use this strategy on timeframes starting from H1 and above. On small timeframes, you will be getting lots of fake signals which are not tradable at all.

Setup your charts as follows:

1. Place EMA 80 (Red), EMA 21(Blue), EMA 13 (Purple) and EMA 5 (Yellow)

2. Place RSI 21 on the chart with a level set at 50.

You can download the template at the end of this post and apply it to any chart and get started directly without having to setup the charts manually.

A little word about these moving averages. The EMA 80 is the strongest in this system and it indicates the long term trend direction of the pair. When price goes above EMA 80, it implies and uptrend and when it is below the EMA 80, it implies a down trend. The EMAs 21 and 13 gives us the current tredn direction. If the EMA 13 is above the EMA 21, the current trend is bullish and if the opposite happens, the current trend is bearish. The RSI 21 value below 50 indicates a bullish market while under 50 indicates a bearish market. These are the basics of this system and should be well understood. It is a system which is designed to take advantage of a trend and ride it. It would not work in ranging markets. Keep this in mind.

When to BUY

We open a BUY position when the following rules have been met by the system

1. EMA 5 crossed above a channel of EMA 13 and EMA 21 in a bullish market

2. RSI 21 goes above 50

3. Both EMA 21 and EMA 13 are above EMA 80

These are the buy entry rules that we should be watching for our strategy. Now we need to look at the Exit for the buy positions.

We close our BUY positions when:

-EITHER EMA 5 crossed below EMA 13 and EMA 21

-OR when the RSI goes below 50

If any of these above rules are met, we should close our long positions immediately.

As for the stoploss, since we are working with volatile pairs, we should not be having them too tight. Trades need space to breathe so place your stoploss to recent swing highs or lows.

Buy Trading Example

In this example above, we are going to buy the EURUSD and we are using the H1 chart. We see that the EMA 13 and the EMA21 are staying above the EMA80. This is a signal that the market is trending up. The EMA5 also stays above EMA 13 and EMA21. However, at the same time, we are seeing the RSI21 going above the 50 level, so we OPEN our long position and we buy EURUSD. We exited this trade when the EMA5 cuts below the EMA13 and EMA21 and we booked around 200pips on this one.

When to SELL

We open a SELL position when the following rules have been met by the system

1. EMA 5 crossed below a channel of EMA 13 and EMA 21 in a bearish market

2. RSI 21 goes below 50

3. Both EMA 21 and EMA 13 are below EMA 80

These are the sell entry rules that we should be watching for our strategy. As you might have noticed, these rules are the exact opposite on the buy rules. Now we need to look at the Exit for the short positions.

We close our SELL positions when:

-EITHER EMA 5 crossed above EMA 13 and EMA 21

-OR when the RSI goes above 50

If any of these above rules are met, we should close our shorts positions immediately. Again, we see that the sell exit rules are the exact opposite of the buy exit rules.

As for the stoploss, the recommendations are the same as said above. You should let the trade breathe and not tighen your stoploss too much.

Sell Trading Example

In the example above, we are going to sell the EURUSD and we are using the H1 timeframe. We can see that the EMA 13 and EMA21 are staying below the EMA80. This signal is an indication that we have a downtrend in progress. The EMA5 also stays below the EMA13 and EMA21. At the same time, we see that the RSI also dropped below the 50 level thus confirming our downtrend, so we open our short position right here. This signal turned out to be a good one if we had taken it, we would have booked around 200pips.

So, as you can see for yourself, this system can have huge potential when is has the right market conditions to work with. Go on, open a demo account and start your practice. Good luck. Hope to hear back.