Instruments: any
Time frames: H4, D1
Indicators:
- 4 EMA (an exponential moving average with the period of 4);
- 10 EMA ( an exponential moving average with the period of 10).
- ADX (28) ? +DI and -DI
- MACD (5,10,4)
Short positions should be opened when the 4 EMA is crossing the 10 EMA from below, and MACD is over 0. At the same time, +DI must be above –DI.
Long positions should be opened when the 4 EMA is crossing the 10 EMA from above, and MACD is less than 0. At the same time, -DI must be above +DI.
Exit points:
Take Profit for H4:
EUR/USD - 60 points, GBP/USD - 70 points, USD/CHF - 40 points
Take Profit for D1:
EUR/USD - 200 points, GBP/USD - 250 points, USD/CHF - 150 points
Stop Loss: 3 times less than Take Profit