Forex Multi TimeFrame Moving Average Intraday Trading System is a forex strategy trend following based on the Multi TimeFrame Moving Average Indicators.
Forex traders use moving averages for different reasons. Some use them as their primary analytical tool, while others simply use them as a confidence builder to back up their investment decisions.
A crossover is the most basic type of signal and is favored among many traders because it removes the element of emotion from trading. The most basic type of crossover occurs when the price of an asset moves from one side of a moving average and closes on the other.
The moving average crossover trading strategy brings together a shorter term moving average with a longer term moving average.
Common MTF Moving Average examples are a H1 9 MA and a H4 9 MA for shorter term entries. When you enter and exit based on crossovers you are allowing yourself to take objective signals that are reflective of market strength.
Best Time Frame : 15 min
- Smoothed HA blue and above H1 MTF 9 MA ;
- Ultimate Bar red;
- Bollinger Bands Stop blue;
- Fisher red and above -0.6 line;
- Ultimate Alert blue and above 0 line.
- Smoothed HA red and below H1 MTF 9 MA ;
- Ultimate Bar red;
- Bollinger Bands Stop red;
- Fisher red and below -0.6 line
- Ultimate Alert Magenta and below 0 line.
- Make profit at the pivot levels,
- Profit Target 12 pips.
- Initial stop loss at the previous swing.