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Forex EMA High Low Success System 5.3


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.

  • 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

Trading NOTES

DOWNLOAD INDICATOR


  • 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

DOWNLOAD TRADING SYSTEM


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