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  • ANY M5 AND UP /M15, M30, H1/ Template Alex - TPL: Green

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    Johnnie Chong
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    This document outlines a crossover trading strategy for currency pairs on timeframes of M5 and higher. It describes the indicators to use, including EMA5, EMA9, SMA20, SMA100, RSI14, MACD 5,12,3 and Stochastic 30,10,10. Long trades are entered when price is above the 9 EMA and short trades below, both with supportive signals from the other indicators like RSI above or below 50. Stop losses are placed at 1 pip above the lowest low for longs and 1 pip below the highest high for shorts.

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    Crossover Strategy

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    This document outlines a crossover trading strategy for currency pairs on timeframes of M5 and higher. It describes the indicators to use, including EMA5, EMA9, SMA20, SMA100, RSI14, MACD 5,12,3 and Stochastic 30,10,10. Long trades are entered when price is above the 9 EMA and short trades below, both with supportive signals from the other indicators like RSI above or below 50. Stop losses are placed at 1 pip above the lowest low for longs and 1 pip below the highest high for shorts.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    54 views4 pages

    ANY M5 AND UP /M15, M30, H1/ Template Alex - TPL: Green

    Uploaded by

    Johnnie Chong
    This document outlines a crossover trading strategy for currency pairs on timeframes of M5 and higher. It describes the indicators to use, including EMA5, EMA9, SMA20, SMA100, RSI14, MACD 5,12,3 and Stochastic 30,10,10. Long trades are entered when price is above the 9 EMA and short trades below, both with supportive signals from the other indicators like RSI above or below 50. Stop losses are placed at 1 pip above the lowest low for longs and 1 pip below the highest high for shorts.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 4

    CROSSOVER STRATEGY

    CURRENCY: ANY
    TIMEFRAME: M5 AND UP /M15,M30,H1/
    SETTINGS: TEMPLATE ALEX.TPL
     EMA5 RED
     EMA9 GREEN
     SMA20 BLUE /BB/
     SMA100
     RSI14
     MACD 5,12,3
     STOCHASTIC 30,10,10

    Long Trades will be taken ONLY if following conditions are met:

    Price opens above 20 SMA where 9 EMA will act as a support line in case price retraced back.
    RSI is clearly above 50 levels and heading up.
    MACD same direction and above the 0 line.
    Stochastic also up.

    Entry is made when price is trading above the 9 EMA with RSI clearly in region above 50
    levels. /In some cases You may notice retracement of price on the 9 EMA acting as a
    support. Possible re-entry if RSI still above 50 level and pointing up/.

    SL /stop loss/ on LL / lowest low / level: + 1 pips

    Please check the Screen Shots: at least 2 entries every day with 10 pips and above!
    Short Trades will be taken ONLY if following conditions are met:

    Price opens below 20 SMA where 9 EMA will act as a support line in case price retraced back.
    RSI is clearly below 50 levels and heading down.
    MACD same direction and below the 0 line.
    Stochastic also down.

    Entry is made when price is trading below the 9 EMA with RSI clearly in region below 50
    levels. /In some cases You may notice retracement of price on the 9 EMA acting as a
    support. Possible re-entry if RSI still below 50 level and pointing down/.

    SL /stop loss/ on HH / highest high / level: +1 pips.

    Please check the Screen Shots: at least 2 entries every day with 10 pips and above!

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