Trading strategy based on EMA and Stochastic indicators

Trading strategy for the market based on EMA indicators with periods of 4, 13 and 50 and Stochastic - a simple indicator strategy .

Marketplace: Forex;
Currency pairGBPUSD;
Trading IndicatorsEMA and Stochastic;
Trading strategy: intraday;
Timeframe: H1;
Protective orders: StopLoss.

Trading signals strategy based on EMA and Stochastic

Preparing the price chart for trading

1. Set the graph to three exponential moving averages EMA(50) - red, EMA(13) - green, EMA(4) - blue.

2. Set on the graph Stochastic Oscillator indicator (12, 9, 5).

3. Signal to sell trading strategy: - Moving average EMA(4) crosses EMA moving average (50) from top to bottom. - The moving average EMA(13) crosses the moving average EMA (50) from top to bottom.

4. Safety StopLoss set above the moving average EMA(50), but no more than 70 points away from the opening price (for a four-digit AC). If the distance is greater - it is better not to open.

5. The exit from the trade is performed when the dotted line indicator Stochastic Oscillator will cross the 40 level from bottom to top.

6. The buy signal for this strategy: wait for the moving averages EMA (4) and EMA(13) to cross the moving average EMA (50) from bottom to top.

7. Safety StopLoss in this case, we set under the moving average EMA (50), but not more than 70 points away from the opening price (for a four-digit AC). If the distance is greater - it is better not to open.

8. Exit the trade when the dotted line Stochastic Oscillator indicator will cross the 60 level from top to bottom.