Hello Everyone !! I made this strategy in visual jforex you just simply drag and drop the blocks and variables in the workspace and start your strategy by using indicators and components.
This is very simple and effective trading strategy which combines Exponential moving average (28) with the stochastic oscillator (5,3,3). The concept behind this strategy is to buy and sell the EMA crossover while the stochastic oscillator removes the false signals.The other important points are :
This strategy will open a short position if the current price or candle close is below Ema(28) and stochastic slowd is above 80,hence short position is opened.This strategy will open only one order at a time with a TP and SL defined and will work in a 10 minute chart.
On the other side this strategy will open a long position if the current price or last bid candle is above Ema(28) and stochastic slowd is below 20,hence long position is opened.
If at any time there are two opened orders simultaneously, the strategy stops automatically.
Thank you very much!!!
This is very simple and effective trading strategy which combines Exponential moving average (28) with the stochastic oscillator (5,3,3). The concept behind this strategy is to buy and sell the EMA crossover while the stochastic oscillator removes the false signals.The other important points are :
- Instrument = GBP/JPY
- Trade amount = 8
- Slippage = 3 pip.
- Stop loss = 200 pip.
- Take profit = 8 pip.
- Time period = 10 min.
This strategy will open a short position if the current price or candle close is below Ema(28) and stochastic slowd is above 80,hence short position is opened.This strategy will open only one order at a time with a TP and SL defined and will work in a 10 minute chart.
On the other side this strategy will open a long position if the current price or last bid candle is above Ema(28) and stochastic slowd is below 20,hence long position is opened.
If at any time there are two opened orders simultaneously, the strategy stops automatically.
Thank you very much!!!