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Forex & Stocks “14-50 EMA Trendline” Trading System and Strategy


Forex & Stocks 14-50 EMA TRENDLINE Trading  Strategy – How to Combine EMA and Trendline for Scalping and Swing Trading. This tutorial provides a clear, winning, step-by-step guide to, “How to Combine EMA and Trendline in the Forex, stocks, Commodities, or any financial markets and generate consistent profits”.

Trading NOTES

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So, by the time you finish this tutorial, you’ll know exactly when to enter high probability trade using the Exponential Moving Average Indicator.

What is Behind The 50-Day EMA

There are dozens of ways to use the 50-day EMA in market strategies.

It works as a reality check when a position hits the magic line after a rally or selloff. It has equal benefit in lower and higher time frames, applying the indicator to intraday charts or tracking long term trends with the 50-week or 50-month version.

What’s The Deal With Trendlines?
  • Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together.
  • Trendlines are used to give traders a good idea of the direction an investment’s value might move.
  • Understanding the direction of an underlying trend is one of the most basic ways to increase the probability of making a successful trade because it ensures that the general market forces are working in your favor.
  • While trendlines can be used to gauge the overall direction of a given asset, they can also be used by traders to help predict areas of support and resistance.
  • Trendlines can vary drastically, depending on the time frame used and the slope of the line.

 

How to install the “TraderVersity-1450EMAsystem
    • Download “TraderVersity-1450EMAsystem” (Zip/RAR File).
    • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
    • Copy the “TraderVersity-1450EMAsystem.tpl” file (template) to your Metatrader Directory …/templates /
    • Start or restart your Metatrader Client.
    • Select Chart and Timeframe where you want to test your forex system.
    • Right-click on your trading chart and hover on “Template”.
    • Move right to select “TraderVersity-1450EMAsystem” trading system and strategy.
    • You will see the “14-50 EMA System” is available on your Chart.

 

BUY Setup


Let’s break down the trading strategy:

  • 1st. Apply 50-period exponential moving average and 14-perid exponential moving average to your chart.
  • 2nd. Draw relevant trend lines ensuring you have a longer term line and a short term line.
  • 3rd. We are looking to see a break of the short term retracement trendline.

Once you have the trend lines and the EMA on your price chart:

  • 1st. Price above the EMA lines and the long term trend line.
  • 2nd. now we are looking to see a break of the short term retracement trendline.
  • 3rd. Price breaks the short term trend line to the upside putting us on alert for a potential long setup
  • 4th. Price closes above the short term trend line.
  • 5th. Traders can enter on close or buy stop the high of the trigger candlestick.
  • 6th. The Stop Loss is placed in the minimum recent low.
  • 7th. exit trade when the Price breaks below the 14-period exponential moving average.

 

SELL Setup

  • 1st. Price below the EMA lines and the long term trend line.
  • 2nd. now we are looking to see a break of the short term retracement trendline.
  • 3rd. Price breaks the short term trend line to the downside putting us on alert for a potential short setup.
  • 4th. Price closes below the short term trend line.
  • 5th. Traders can enter on close or sell stop the low of the trigger candlestick.
  • 6th. The Stop Loss is placed in the maximum recent high.
  • 7th. exit trade when the Price breaks above the 14-period exponential moving average.

 

Trading NOTES
  • There are dozens of ways to use the 50-period EMA in market strategies. It works as a reality check when a position hits the magic line after a rally or selloff. It has equal benefit in lower and higher time frames.

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