YES YOU CAN...!

EMA

Entry rules: When 10 EMA goes through 25 EMA and continues through 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA. (Just wait for the current price bar to close on the opposite site of 50 EMA. This waiting helps to avoid false signals).

Exit rules: option1: exit when 10 EMA crosses 25 EMA again.

option2: exit when 10 EMA returns and touches 50 EMA (again it is suggested to wait until the current price bar after so called “touch” has been closed on the opposite side of 50 EMA).

SMA

Use time frame and currency which respond the best (1 hour, 1 day… or any other).

Indicators: (multiple of 7) 7 SMA, 14 SMA, 21 SMA.

Entry rules: When 7 SMA goes through 14 and continues through 21, BUY/SELL in the direction of 7 SMA once price gets through 21 SMA.

Exit rules: exit when 7 SMA goes back and touches 21 SMA.

28/100 MA

Indicators: 100Ema applied to close and 28 smooth moving average applied to close.

Time frame: 1hr and 4hr

Currency: Any, but i guess Eur/usd would be preferable.

Entry: the 100ema shows the trend. So if we were in a down trend as given by the 100ema and a candle closes above the 100ema, we enter a buy, you would stay in that buy until a candle closes below the 28 and re-entries are made using the 28 once price touches it or closes above it when it has first closed below it. The reverse is for a sell trade.

For 1hr, stop loss should be 50-60pips while take profit should be 70-120pips, for 4hr stop loss should be 100pips while take profit should be 100-500pips.

Stochastic High-Low

Time frame: Any.

Indicator: Full Stochastic (14, 3, 3)

Entry rules: When Stochastic has crossed below 20, reached 10, and then crossed back up through 20 – set BUY order.

Entry rules: Sell when Stochastic has crossed above 80, reached 90, and then crossed back down through 80.

Exit rules: close trade when Stochastic lines rich the opposite side (80 for Buy order, 20 for Sell order). Advantages: gives quite accurate entry/exit signals in well trending market. Disadvantages: needs periodical monitoring. Stochastic is suggested to be used along with other indicators to eliminated entering on false signals.

RSI High-Low

Time frame: Any.

Indicator: RSI (14) with levels at 70 and 30.

Entry rules: Buy when RSI has crossed below 30, formed a bottom, and then crossed back up through 30.

Entry rules: Sell when RSI has crossed above 70, formed a peak, and then crossed back down through 70. Exit rules: not set.

Advantages: RSI is a very good indicator to refer for confirmation for any entry in any simple or complex trading system. For current trading method it advices well on entries, but opportunities occur not that often. Disadvantages: monitoring is needed, still false signals take place. Strategy is suggested to be used in combination with other ones.

Stochastic lines crossover

Time frame: Any.

Indicator: Stochastic (14, 3, 3)

Entry rules: Buy when the faster moving Stochastic line crosses above and up over slower moving stochastic line. Exit rules: Sell when the opposite situation (next crossover) occurs and right after that open an opposite position. It is again recommended, once the first touch of Stochastic lines (possible future crossover) has been spotted, to wait until the following price bar on the chart has closed and only then take actions. Advantages: can give entry and exit rules, easy to use. Disadvantages: Stochastic is a lagging indicator – with this lines crossover system it can create a lot of false signals. Traders may want to change Stochastic regular settings for each particular currency pair to eliminate asmany false signals as possible. Stochastic crossover system is good when used in combination with other indicators.

Simple MACD crossover

We will need only MACD indicator with standard settings: 12, 26, 9.

Any time frame as well as any currency pair can be used. Entry rules: When the MACD lines’ crossover appears – enter (or wait for the price bar to close and then enter).

Exit rules: when MACD lines next crossover occurs.

ADX Power

- Timeframe: I use it on 4 hours, feel free to use it on smaller timeframes as well

- Currency Pair: Any

- Indicators: EMA9 and EMA26 and DMI (Directional Movement Indicator with ADX)

- DMI Settings: Draw a horizental line at 25 to watch for the crossovers of DI+ or DI-

- ADX Settings: Ignore signals where ADX is lower 20GO LONG WHEN:

- EMA9 has crossed over EMA26

- DI+ >= 25

- ADX >= 20

- ADX is in between DI+ and DI-

EXIT LONG WHEN:

- EMA26 has crossed EMA9 AND

- DI- is higher than DI+

GO SHORT WHEN:

- EMA26 has crossed EMA9

- DI- >= 25

- ADX >= 20

- ADX is in between DI- and DI+

EXIT SHORT WHEN:

- EMA9 has crossed EMA26 AND

- DI+ is higher than DI-

WHAT TO IGNORE:

WHAT TO IGNORE:

- While in Long Position: DI+ and DI- Cross-overs while the EMA9 is still on top of EMA26

- While in Short Position: DI+ and DI- Cross-overs while the EMA26 is still on top of EMA9

- While searching for Trading Opportunities: The EMAs has crossed over but the DI+ or DI- (depending on whether you're looking for Long or Short positions) are still under 25. Also, wait till the ADX has reached 20 before entering into Trade

- Price breaking the Lower EMA (EMA26 in case of Long Positions) line while the EMA9 is still on top of EMA26