72# EMA's, RSI and Stochastic Trading System
Submit by Joy22
Time Frame 15 or higher.
Currency Pairs; all.
Indicators:
Stochastic indicator (14, 5,5);
1°Set EMA fast ( 12, 5)exponential moving average indicator ;
2° Set EMA Slow (34, 45) exponential moving average indicator;
Long Entry:
Ema's (12, 5)> Ema'a (34, 45), RSI (indicator)>50 and Stochastic (indicator)>50.
Short Entry:
Ema's (12, 5)< Ema'a (34, 45), RSI<50 and Stochastic<50.
Exit Position
When 5Ema fast crosses 12EMA in oppsite direction.
Place stop loss level MA 34.
Profit Target (option exit) ratio 1/ 3 (example if stop loss is 4o pips the profit target is 120 pips.
EMA's, RSI and Stochastic Trading System
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