EMA CROSS RSI With Digital MACD Forex Trading System
The EMA cross RSI with digital MACD is a forex trading system that is based on EMA and digital MACD. The suitable timeframe for this system is 1 hour or higher but works best on a 4-hour timeframe. Use this method in all currency pairs.
MT4 Indicators:
- EMA Cross RSI (set True);
- Digital MACD (default).
Long Entry:
- EMA Cross RSI buy arrow confirmed by histogram MACD > line.
Short Entry:
- EMA Cross RSI sell arrow confirmed by histogram MACD < line.
Exit Position:
- Place Stop loss at the previous swing High for sell and low for buy.
- Set Profit Target ratio 1.2 (if stop loss is 50 pips, profit target is 100 pips).
- Set Trailing 25 pips it’s a gain of 50 pips (time frame hourly), 100 pips (time Trame 240 min).
Forex Trading Systems Installation Instructions
EMA CROSS RSI With Digital MACD Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex system is to transform the accumulated history data and trading signals.
EMA CROSS RSI With Digital MACD Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this system accordingly.
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How to install EMA CROSS RSI With Digital MACD Forex Trading System?
- Download EMA CROSS RSI With Digital MACD Forex Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex system
- Right click on your trading chart and hover on “Template”
- Move right to select EMA CROSS RSI With Digital MACD Forex Trading System
- You will see EMA CROSS RSI With Digital MACD Forex Trading System is available on your Chart
*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.
Click here below to download:
