Forex EMA Bulls Bears Trading System and Strategy – The “bull market” is when a financial instrument is trending in an upward manner. In other words, people are buying it. Conversely, the “bear market” is when a financial instrument is trending in a downward manner, as people are selling it.
- Time Frame: M5 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, AUDUSD, NZDUSD, and USDCAD
MetaTrader Trading indicators
- EMA CrossOver Signal
- Bulls-Bears Impuls
- smFisher Transform
- Relative Strength Index
BUY Rules
- EMA CrossOver Signal: Green Arrow
- Bulls-Bears Impuls: Green line > Red line
- smFisher Transform: Green histogram
- Relative Strength Index: Above the level 55 line
SELL Rules
- EMA CrossOver Signal: Orange Arrow
- Bulls-Bears Impuls: Green line < Red line
- smFisher Transform: Orange histogram
- Relative Strength Index: Below the level 45 line