Ema_Cross

My strategy is Trend continuation based strategy. It is developed for EURUSD pair because of most traded and tight spreads of this pair. This strategy uses 5minutes time frame so that it generate enough number of signals. Trading logic of this strategy is based on Two EMA's crossover and RSI cross above/below 50 level. Indicators used in this stragey are EMA5, EMA10 and RSI9. BUY Rule: When faster EMA (5) crosses Slower EMA (10) from below to top AND RSI9 crosses 50 from Below to above, strategy triggers BUY position. SELL Rule: When faster EMA (5) crosses Slower EMA (10) from top to below AND RSI9 crosses 50 from above to Below, strategy triggers SELL position. Stop Loss: Default Stop loss is at 40 pips, because it provides enough space to keep position opened to gain longer trends benefits and not stopped out early. Take Profit: Default Take profit is at 100 pips because this is around daily range of this pair. Trailing Stop: I have used trailing stop of 10 pips to keep control of gained number of pips. Standard Lot size of 4.00 mil is used.
Version: Date: Status: Description:
7 01.05.2015 Not running Ema_Cross  Download
6 01.04.2015 Not running Ema_Cross  Download
5 30.03.2015 Not running Ema_Cross  Download
4 04.03.2015 Executed Ema_Cross  Download
3 04.02.2015 Executed Ema_Cross  Download
2 01.02.2015 Executed Ema_Cross  Download
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