Currency pairs: ANY
Period of time chart: an hour or 15 moment chart.
Indicators: 10 EMA, 25 EMA, 50 EMA.
Entry guidelines: When 10 EMA undergoes 25 EMA and continues through 50 EMA, BUY/SELL within the way of 10 EMA through 50 EMA once it obviously makes it. (simply watch for the price that is present to close on the alternative website of 50 EMA. This waiting helps you to avoid false signals).
Exit rules: option1: exit whenever 10 EMA crosses 25 EMA again.
option2: exit whenever 10 EMA returns and touches 50 EMA (again it is suggested to hold back until the cost that is present after so called “touch” is closed on the other side of 50 EMA).
Benefits: it's very easy to use, and it offers great results whenever the market is trending, during big cost break-outs and price that is big.
Disadvantages: quick indicator that is average a follow-up indicator or it's also called a lagging indicator, which means it will not predict future marketdirections, but instead reflects present situation in the marketplace. This characteristic makes it susceptible: firstly, during such durations because it may change its signals any moment, secondly – because need certainly to watch all of it the time; last but not least, whenever market trades sideways (no trend) with very small fluctuation in priceit can provide numerous false signals, so it's not suggested to utilize it.
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