Instruments: All
Timeframes: H4 or D1
Indicators:
- MACD (12, 26 and 9).
- EMA: 50,100
- EMA: 5,15
Conditions for opening long positions:
- The line EMA 5 crosses EMA 15 from bottom to top;
-MACD histogram is in the positive zone;
- The price is above the lines EMA 50 and EMA 100.
Conditions for opening short positions:
- The line EMA 5 crosses EMA 15 from top to bottom;
- MACD histogram is in the negative zone;
- The price is below the lines EMA 50 and EMA 100.
It is not recommended to open transactions if the price is between EMA 50 and EMA 100.
Stop-loss: At the level of the line EMA 50.
Take profit:
On the four-hour timeframe: 60 points for the pair EUR/USD and 70 points for GBP/USD;
On the daily timeframe: 200 points for the pair EUR/USD and 250 points for GBP/USD.
Buy