Forex Profit System Moving average Forex Strategy
Pairs:Majors and all
Time frame: 30M, H1;
Price: Bar Chart.
Parabolic SAR (0.2, acceleration factor0.02);
Moving Averages, Exponential 10,Gold;
Moving Averages, Exponential 25,Green;
Moving Averages, Exponential 50,Red.
Long Entry Position:when the ema 10 crosses the 25 and 50 up from the bottom and Parabolic SAR is on the bottom.
Short Entry Position: when the ema 10 cross the 25 and 50 down from the top andParabolic SAR is on the Top.
When to EXIT a trade:The best time to exit a trade is when the price crosses back down through all 3 EMA’s on the chart .
Where to Set the Stop Loss: you should always set your level just below the EMA 50. As your position moves in the right direction, you should move your stop accordingly.