Forex EMA Trend Trading and Analysis

Forex Trend trading and Analysis – Forex Trend CCI Trading System with MACD and William’s Percent Range Indicator is a trend following system, three Exponential Moving averages and high accuracy trend filter indicators.

• Best Time Frame: 30 min, 60 min, 240 min, and Daily
• Recommended Currency Pair: EURUSD, GBPUSD, and BGPJPY

 

• BOT CCI Oscillator
• William’s Percent Range (14)
• The 4 Exponential Moving Average (HLC/3 the red line)
• The 8 Exponential Moving Average (HLC/3 the green line)
• The 20 Exponential Moving Average (HLC/3 the blue line)
• The MACD candle indicator (4,15, 2)
• MACD Histogram indicator (20)

 

• 4 EMA > 8 EMA > 20 EMA
• The MACD Histogram blue color
• WPR line upward and above the level -50
• BOT CCI Oscillator blue color

 

• 4 EMA < 8 EMA < 20 EMA
• The MACD Histogram red color
• WPR line downward and below the level -50
• BOT CCI Oscillator red color

 

• Put the initial stop loss above the previous swing high or below the previous swing low
• After 200 pips (5 digits MT4) in the gain move stop loss at the entry point
• Profit target time frame 30 min and 60 min 350-600 pips, time frame 240 min profit target 600-800 pips.