Trading strategy on EMA, RSI and Stochastic for USDCHF
Trading strategy based on the usual indicators EMA, RSI and Stochastic is focused on the currency pair USDCHF and is a well thought out and simple combination of trading rules.
Marketplace: ;
Currency pair: USDCHF;
Indicators : EMA(5), EMA(10), Stochastic (14, 3, 3), RSI (14, 70, 30);
Strategy: depending on the timeframe;
Protective orders: StopLoss, Breakeven.
Trading strategy algorithm
A purchase transaction is made when:
— EMA moving average indicator(5) crosses upward the EMA(10) indicator;
— синяя линия Стохастика выше его белой линии, а также он находится выше уровня 80;
— индикатор RSI выше своего уровня 50.
A sale is made when:
— индикатор ЕМА(5) пересекает сверху вниз индикатор EMA(10);
— синяя линия Stochastic indicator below its white line and it is also below the 20 level;
— индикатор RSI ниже своего уровня 50.
Market exit rules according to the trading strategy
A trade opened according to the trading strategy rules is closed when EMA(5) and EMA(10) cross in the opposite direction or RSI indicator crosses its level 50 again.
The advantage of the trading system is the fact that it allows filtering of inputs and is therefore more accurate.
Disadvantages of the trading system: moving averages can give very early exit signals.