the currency pair EURUSD (but you can choose any other, the selection of suitable values of stop-loss, profit and trailing stop),
a time-frame - M30 - MetaTrader4
Indicators Forex:
1) Exponential Moving Average EMA (200), applied to a close, the color blue.
2) Exponential Moving Average EMA (50), applied to a close, the color red.
3) Oscillator Elliott Wave Oscillator.
4) indicator of the level of Juice 0,0004.
Open a deal to BUY conclude with the following conditions:
1) Price is above the 2 moving averages EMA (200) and EMA (50), and the trend is upward, as indicated by the intersection of bullish Moving Averages (red above blue)
2) Oscillator Elliott Wave Oscillator crossed its zero line and closed above it.
3) Juice indicator is above its level of 0.0004.
Take-profit set to a value of 100 points from the entrance to the market.
Stop-loss - 20 points, trailing stop just 20 points.
Open a deal to SELL is when the following conditions:
1) Price is below the 2 moving average EMA (200) and EMA (50), while the trend is downward, as indicated by the intersection Moving Averages bearish (red below blue)
2) Oscillator Elliott Wave Oscillator crossed its zero line and closed below it.
3) Juice indicator is above its level of 0.0004.
Take-profit as set on the value of 100 points from the entrance to the market.
Stop-loss, respectively - 20 points, trailing stop - 20 points.
----- by ; ForexStrategies ----
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