Trading strategy with indicators:EMA, Bollinger Bands and Awesome
This technique is for those who want the most simple method that is almost fool-proof. It must be done only during the busiest trading hours, 3 am to 11 am EST. This method doesn’t work in sideways markets, only in volatile trending markets.
If your plattafom does not have if your platform does not have chaos Chaos Awesome Oscillator (a colored Macd Histogram), and you would need to switch to CMS to have use of the Chaos.
Chart: Candlestick.
Pairs: Major
Time Frame: 1m, 5m, 15m, 30m
Spread: TF, 1m and 5M max 0,00025
Indicators:
-
Ema 3 period color red
-
Bollinger Bands 20 period 20 deviation 3
3 Chaos Awesome Oscillator.
Enter Long:
when the red 3 EMA has crossed up through the middle band
at the same time, the Chaos should be approaching or crossing it’s zero
line, going up.
Enter Short:
when the red 3 EMA has crossed down through the middle band
at the same time, the Chaos should be approaching or crossing it’s zero
line, going down.
Exit position:
1, when your Chaos Awesome Oscillator turns a different color;
2, add stop loss it depends on the cross and the time frame.
