Tuesday , October 15 2019

90% Success Forex Exponential Moving Average EMA Trading Strategy

The Exponential Moving Average commonly known as EMA is a high trustable and profitable indicator uses in the forex trading. It reads differently the forex market from a simple moving. Here I am presenting a simple forex EMA crossover strategy/forex scalping strategy that traders can get a valuable profit from it. I am personally using this strategy for intraday forex trading. Yet I have not received any loss from this strategy.

90% Success Forex Exponential Moving Average EMA Trading Strategy

In this strategy, we will use two exponential moving averages. It is a non-repaint indicator available free in most forex software. It is very simple to read it on the forex chart.

Indicator Period Color
Exponential Moving Average 30 Red
Exponential Moving Average 15 Blue

A buy order will place when the blue EMA crosses above the red EMA and made second bullish candle above the line. The place sell order will place when the blue EMA crosses below the red EMA and made second bearish candle below the line. Place TP and SL 40 or 50 Pips away from the entry point. This strategy works on the M30, H1, and H4 time frames.  This can also be used for scalping on the M15 & M30 time frames for 10 to 20 pips profit.

Note:-

  • Don’t open your trade against the trend of D1 timeframe.
  • Don’t open your trade at the time of high impact news.
  • Trade only one time in a day.

 

M30 Time Frame Chart 30 and 15 Period Forex Exponential Moving Average EMA Trading Strategy M30 Time frame

 

H1 Time Frame Chart 30 and 15 Period Forex Exponential Moving Average EMA Trading Strategy H1 Time frame

 

H4 Time Frame Chart

30 and 15 Period Forex Exponential Moving Average EMA Trading Strategy H4 Time frame

If you are new to forex and have not trading strategy then you can follow our profitable free forex trading signals.