Hi, all forex trader
thanks for staying with me.
Today I am introducing most easy trading system with 80 % accuracy for day trading
: MA(200 EMA)
Time frame any
But I use 1 hr , 15 min chart for day trading
How do I detect trend:
when candle close above 200 ema in 1 hr chart, trend is up, 1 hr time frame,'
go for 15 min chart for entry, if candle closes above 200 ema, so its todays trend is up
vice versa for uptrend
trend is confirmed and vice versa for down trend.
thanks for staying with me.
Today I am introducing most easy trading system with 80 % accuracy for day trading
Here Indicator I use
: MA(200 EMA)
Time frame any
But I use 1 hr , 15 min chart for day trading
How do I detect trend:
when candle close above 200 ema in 1 hr chart, trend is up, 1 hr time frame,'
go for 15 min chart for entry, if candle closes above 200 ema, so its todays trend is up
vice versa for uptrend
Confirmation:
MACD, see Macd line cross the zero line and MACD historogram at least 2 bar formed above zero linetrend is confirmed and vice versa for down trend.
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