EMA Crossover Trading System

Hi guys, in this chance I want to share about a very simple Forex trading system, this strategy is using Exponential Moving Average indicator. As we already know that the EMA is the most traded Moving Average indicator because its accuracy.

You can use any currency pairs for this system, GBPUSD, EURUSD, USDCHF and other forex currency pairs. In this trading system we use 1 hour and 15 minutes for our time frame chart. Open you trading chart and plot these Moving Average indicators...
1. 10 Exponential Moving Average
2. 25 Exponential Moving Average
3. 50 Exponential Moving Average

If the 10 exponential moving average trade cross the 25 Exponential moving average and cross again the 50 Exponential moving average, you can open a trading position in the direction of the market trend. And one thing that you should remember is you have to wait for the candlestick bar close on the other direction of the 50 Exponential Moving Average indicator. This action is used to reduce your trading risk because of false or fake trading signals from moving average indicator.

For exit rules you can choose these options: first you can close your trading position if the 10 Exponential moving average crosses the 25 exponential moving average indicator and second you can close your trading position if your 10 Exponential moving average indicator reverses and hits the 50 exponential moving average indicator, but you also can wait the candlestick bar closed on the other side of 50 Exponential Moving Average indicator.

That's it happy trading guys