EASY FOREX

Simple Trend Trending Forex Trading Strategy




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3 EMA Pullback Strategy Download Package: https://app.box.com/s/agl2c2vrkz2al8c2116an9mfg8fgyd84

I wanted to share with you a simple 3 EMA pullback strategy that I’ve been using over the recent weeks.

The systems uses two indicators moving averages (determine the trend) and the MACD (signal for a pullback). Both indicators are slightly modified and included in the download below along with the MT4 template.

Rules

LONG RULES
1) Top 50, middle 100 bottom 200
3) MACD above 0 line
3) MACD downward cross over
4) 200 EMA green
5) Price touched/closed below any EMA
6) No obvious bearish divergence
7) Enter open of next candle

SHORT RULES
1) Top 200, middle 100 bottom 50
2) MACD below 0 line
3) MACD upword cross over
4) 200 EMA red
5) Price touched/closed above any EMA
6) No obvious bullish divergence
7) Enter open of next candle

STOP LOSS LEVEL
1) Below 200 EMA
2) S&R Level / Round Numbers

Download includes:

1) Moving average MT4 indicator
2) MACD MT4 indicator
3) MT4 template
4) Text file of rules

Download here: https://app.box.com/s/agl2c2vrkz2al8c2116an9mfg8fgyd84

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