M30 EMA trading system

M30 EMA trading system Free Download

M30 EMA trading system is trend momentum based strategy which uses exponential moving averages. To download M30 EMA trading system for free simply click the “Download” button at the top right corner and test it out yourself.

How to use M30 EMA trading system

This system works on major G10 currency pairs and on M30 or larger time frames. M30 EMA trading strategy is composed of Exponential Moving Average 6 to 21 period, MACD, and RSI.

M30 EMA trading system (click to zoom in)

Continues to Buy and Sell

In order to long an instrument the following contentions should be met:

MACD above neutral 0 level;
RSI must be between 70 and 30 levels;
Candle must close above EMA area;
Red or blue EMAs should clearly visible on the chart and not covered by other green EMAs.
Exact opposite conditions are required to short an instrument.

Exit position

Your initial stop loss level should be placed at nearby high/low or any major level. Take profit should be kept at 1:2/3 ratio with SL. Alternatively, you could close opened positions manually after a candle close inside the EMA green area.

How do you install an indicator on MT4?

In order to install this indicator on your MT4, you need to:

1. Click on “Download” button above to download M30 EMA trading system;
2. Save the the file to your computer;
3. Extract and move the files into: [terminal];
4. Restart your Metatrader platform;
5. Click “Templates” button in Metatrader toolbar;
6. Select “M30 EMA trading system” and apply to your chart;

Download Now
Link 1
Link 2

onlineblogger Tags : Forex

Subscribe by Email

Follow Updates Articles from This Blog via Email