Forex EMA Rainbow SCALPING Trading with RSI Hull Moving Average Trend Filter

EMA Rainbow SCALPING Trading with RSI Hull Moving Average Trend Filter – This moving average trading strategy uses the EMA because this type of average is designed to respond quickly to price changes.

• Time Frame: M5
• Currency Pairs: EURUSD and GBPUSD

 

• Exponential Moving Average
• HarmonicScanner Confirmation A
• HarmonicScanner Confirmation B
• Agimat BAL FX
• Harmonic Scanner
• FSO Bid-Ask Lines
• FSO ADR MArker
• Mega Trend
• BBand Stop
• Relative Strength Index

• Download “TraderVersity.Com-EMARainbow” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-EMARainbow.tpl” file (template) to your Metatrader Directory …/templates /
• Start or restart your Meta Trader Client.
• Select Chart and Time frame where you want to test your Forex system.
• Right-click on your trading chart and hover on “Template”.
• Move right to select “TraderVersity.Com-EMARainbow” trading  system and strategy
• You will see “EMA Rainbow SCALPING System” is available on your Chart

 

• Exponential Moving Average: 4 EMA > 6 EMA > 8 EMA
• HarmonicScanner Confirmation A and B: Below the previous swing low
• BBand Stop “line”: Blue color
• Mega Trend “line”: Blue color
• Relative Strength Index “line”: Upward and above level 60

 

• Exponential Moving Average: 4 EMA < 6 EMA < 8 EMA
• HarmonicScanner Confirmation A and B: Above the previous swing high
• BBand Stop “line”: REd color
• Mega Trend “line”: Red color
• Relative Strength Index “line”: Downward and below level 40

 

• Initial stop loss above or below the  previous swing
• Best Risk reward Ratio 1:2 or 1:3
• Trading tips: If you want to trade accurately you need to know the moves of the Market Maker/Dealer before they start to move!

DOWNLOAD TRADING SYSTEM