So what does the 25 EMA do?
EMA 25-50 Trading System (Detailed)
it's at FF and Babypips
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Hi people, i have an idea for an EA, if someone think this is profitable can you program the EA and post it here please?
Timeframe: 4H
Pairs: GBP/JPY, NZD/USD, NZD/JPY other very volatily pairs
Strategy:
Put an EMA (25) with green color;
Put an EMA (50) with blue color;
Put an RSI (14)
Trigger buy:
- If candle open or close above EMA 50 and RSI are above 50 and pointing up.
- Stop-loss 10 pips below previous candle low.
Trigger sell:
- If candle open or close below EMA 50 and RSI are below 50 and pointing down.
- Stop-loss 10 pips above previous candle high.
That's the strategy guys, if someone can program it, i'm doing it manually and it has been good for now.
Kindest Regards