Install trading system
I will now set up a trading system based on EMA and MACD. The system includes 03 EMA and MACD lines as follows:- EMA (5) with 5 cycles - dark green line.
- EMA (14) with 14 cycles - red line.
- EMA (50) with cycle of 50 - blue line.
- MACD (9,12,26) default.
Once you've set up, you'll have a system like this
Strategy trading Hapieu Forex
Enter BUY (Open BUY) and exit BUY (Close option BUY)
- Price line is above the blue EMA (50) line.
- Blue line EMA (5) cut the red line EMA (14) above.
- MACD and Signal intersect, buy signal on MACD. See the article MACD
===> Exit: When the blue line EMA (5) cuts the red line EMA (14) down.
Enter SELL (Open SELL) and exit the SELL (Close option SELL)
- Price line is below the blue EMA (50).
- Blue line EMA (5) cuts the red line EMA (14) down.
- MACD and Signal intersect, sell signal on MACD. See the article MACD
===> Exit: When the blue line EMA (5) cuts the red line EMA (14) above.
How to trading?
This is just a very basic strategy that can be applied to all new investors, in addition we can incorporate many more indicators. You can adjust and create your trading strategy by combining multiple methods together to have the best and most suitable trading system.
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