Daily EMA Signal Trades
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Thread: Daily EMA Signal Trades

  1. #1
    This journal would be to test and document results using an EMA signal indior based off the daily charts.

    Pairs traded: All that ODL provides with spreads under 10.

    Indior configurations:

    FastEMA:1
    SlowEMA: 10

    Will attach indior post account details this evening (0 GMT).

    My beginning account balance is $25K. I'll be trading 3 positions (.1 lot each) for every new signal.

    Take profit will be as follows:
    1st position: 50 pips
    2nd position: 100 pips
    3rd place: path be using the low of the previous 2-3 candles

    Initial stoploss: High or low of the signal candle or the Former candle (which ever is greater)
    3rd position stoploss will probably be place to break-even when 2nd place is closed

  2. #2
    Anyone have a suggestion on the best method to attach a MT4 daily account statement?

  3. #3
    Here's the way the chart appears. For anyone that desires the template.

    https://www.nigeriaforextrading.com/...1281328125.tpl

  4. #4
    Here's the indior. Take a trade whenever the arrow appears which should be on the bar or candle close.
    https://www.nigeriaforextrading.com/...1520957719.mq4

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