High accuracy “Forex EMA High Low Success System 5.3” – The high/low moving average indicator is a tool commonly used by futures traders. This tool combines two moving averages based on the highs and lows of the period to create a price channel moving average envelope.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
- Time Frame: M15 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- EMA
- Envelopes
- Forex Success System
- Forex SS
- Relative Vigor Index
- Relative Strength Index
How to install “EMA High Low System“
- Download “TraderVersity.Com-EMAHighLow” (Zip/RAR File).
- Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
- Copy the “TraderVersity.Com-EMAHighLow.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-EMAHighLow” trading system and strategy
- You will see “EMA High Low System” is available on your Chart
BUY Rules
- 28 EMA High Low Channel: The price above EMA High Low Channel
- Forex Success System: UP alert
- Forex SS: Blue bars
- Relative Vigor Index:
- Above level 0
- Aqua line > yellow line
- Relative Strength Index: Upward and above level 60
SELL Rules
- 28 EMA High Low Channel: The price below EMA High Low Channel
- Forex Success System: DOWN alert
- Forex SS: Red bars
- Relative Vigor Index:
- Below level 0
- Aqua line < yellow line
- Relative Strength Index: Downward and below level 40
Trading NOTES
- Initial stop loss above or below the previous candle
- Best Risk Reward Ratio 1:2 or 1:3