Forex Multi Moving Average Trend Momentum Trading System and Strategy – One of the most popular ways to use this “Trend Momentum System” is to define the longer-term trend.
The system is very simple and easy to master. When the price is trading below the moving average, it confirms we are in a downtrend. When it is trading above the moving average, then it confirms the uptrend.
- Time Frame: H1 or higher
- Currency Pairs: Any
MetaTrader Trading Indicators
- Moving Average
- RSI
- Laguerre
BUY Rules
- Moving Average: 6 EMA > 12 EMA > 24 EMA
- RSI: above the 55 level line
- Laguerre: Above the 0.55 level line
SELL Rules
- Moving Average: 6 EMA > 12 EMA > 24 EMA
- RSI: above the 55 level line
- Laguerre: Above the 0.55 level line
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