EMA 50 Trading Strategy

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catfx50 Trading Strategy
Pairs Recommendation
EURUSD, USDCHF and GBPUSD.

Indicators
EMA 50
EMA 120
Hist_Step_MA_Stoch_KV1_Ex_03
FiboPiv
Catfx50
TSR (Daily Range Calculator)

Buy
  1. When price crosses EMA 50 and new candle opens above, Hist_StepMA_Stoch must be Green.
  2. Price opens one candle at least below EMA 50 and Hist_StepMA_Stoch keeps in Green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating Green mode.
  3. Trend in bullish mode, price above EMA 50 and Hist_StepMA_Stoch in Green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red, and price goes up again validated by Hist_StepMA_Stoch change to Green again.
  4. After a consolidation of a few candle, breaks through the last high or low, and Hist_StepMa_Stoch in Green mode.

Sell
  1. When price crosses EMA 50 and new candle opens below. Hist_StepMA_Stoch must be Red.
  2. Price opens one candle at least below EMA 50 and Hist_StepMA_Stoch keeps in Red mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating Red mode.
  3. Trend in bullish mode, price below EMA 50 and Hist_StepMA_Stoch in Red. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening above it. Hist_StepMA_Stoch changes to green, and price goes down again validated by Hist_StepMA_Stoch change to Red again.
  4. After a consolidation of a few candle, breaks through the last high or low, and Hist_StepMa_Stoch in Red mode.
Hist_StepMA_Stoch is the main indicator. If Hist_StepMA_Stoch and Catfx50 give signal simultaneously are better. Do not trade if they give opposite signals. When candle opens more than 20 pips above/below EMA 50, the signal is riskier.

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