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Trend Awesome Oscillator EMA System with CCI & JokerFilter Indicator


Trend Awesome Oscillator EMA System is a strategy for trading with the trend. This trading system is an intraday strategy based on trend momentum indicators.

Trading NOTES

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  • Time Frame: M5, M15, M30, and H1
  • Currency pairs: Majors Pairs

 

MetaTrader Trading Indicators
  • 10 EMA
  • 20 EMA
  • 40 EMA
  • JokerFilter (setting 240 min)
  • Awesome Oscillator
  • Commodity Channel Index
  • Info (optional information on the price movement)

 

BUY Rules


  • 10 EMA  > 20EMA > 40EMA
  • JokerFilter blue bars
  • CCI line upward and above 50
  • Awesome Oscillator blue Bars

 

SELL Rules

  • 10 EMA < 20EMA < 40EMA
  • JokerFilter red bars
  • CCI line downward and below 50
  • Awesome Oscillator red Bars

 

SELL Rules
  • Info indicator is optional
  • Re-entry when the price come back on the 40 EMA with the same conditions
  • Exit Position
    • Risk reward Ratio 1:2 or 1:3
    • Initial stop on the previous swing
  • Trade only in the direction of the trend

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