EMA Breakthrough Strategy

EMA Breakthrough Strategy
EMA Breakthrough Strategy

Setup

50 Exponential Moving Average

Entry

Open a buy trade when the whole candle is above the 50 EMA, and the price was previously below the EMA.
Open a sell trade when the whole candle is below the 50 EMA, and the price was previously above the EMA.

EMA Breakthrough Strategy

EMA Breakthrough Strategy

Exit

Use a trailing stop to lock in your profits.

Currency Pairs

Any

Time Frame

1 hour, 4 hours, 1 day.

Stop Loss

Use the latest swing low for a buy trade.
Use the latest swing high for a sell trade.

Pros

Works well in a trending market.
Easy to automate.

Cons

Gives false signals in a ranging market.

Expert Advisor

Backtesting

link -> backtesting results.