Best Forex Trading Strategies on EMA
BladeRunner Trading Method
Document from forexfactory
This example is for a long entry. The opposite rules apply for a short entry
Indicator Use EMA 8/21/89
MACD Color TF H4 (5,13,1)
MACD Color TF H1 (8,13,1)
Buy Example
On TF H4
price closing above the 8EMA with the 8/21EMA starting to separate
Access TF H1
Enter long on the next 1 hour close that turns the MACD histogram back to green as long as the close is above the 8EMA on the 1 hour.
Place a 10 pip stop loss at the low of the bar you entered on. Progressively move the stop loss up on all positions to the new stop loss. In other words, all long positions will be closed out at the same price.
Note: 1 pip = 10 point
The highlighted area of the 1 hour chart below shows every long entry (vertical
line) that would have been entered before being stopped out after entry #10.
The short black horizontal bars show where your stop loss would have been moved up after each entry.
This method is best suited for strong trending markets.Refer to daily charts to get a larger picture of what the longer term trend is.
Trade breakdown with spread. Stop loss is at 10 pips below the low of the entry:
1) Buy at 1.4263 with a stop at 1.4237
2) Buy at 1.4280 move stop to 1.4245
3) Buy at 1.4320 move stop to 1.4282
4) Buy at 1.4325 move stop to 1.4302
5) Buy at 1.4338 move stop to 1.4014
6) Buy at 1.4363 move stop to 1.4314
7) Buy at 1.4379 move stop to 1.4350
8) Buy at 1.4388 move stop to 1.4354
9) Buy at 1.4410 move stop to 1.4498
10) Buy at 1.4425 move stop to 1.4402
All ten positions stopped out at 1.4402
If price closes below the 8EMA on the 1 hour charts, it may be the start of the trend slowing down.
If price closes below the 8EMA on the 4 hour charts your positions may all get stopped out.
price closing above the 8EMA with the 8/21EMA starting to separate
Access TF H1
Enter long on the next 1 hour close that turns the MACD histogram back to green as long as the close is above the 8EMA on the 1 hour.
Place a 10 pip stop loss at the low of the bar you entered on. Progressively move the stop loss up on all positions to the new stop loss. In other words, all long positions will be closed out at the same price.
Note: 1 pip = 10 point
The highlighted area of the 1 hour chart below shows every long entry (vertical
line) that would have been entered before being stopped out after entry #10.
The short black horizontal bars show where your stop loss would have been moved up after each entry.
This method is best suited for strong trending markets.Refer to daily charts to get a larger picture of what the longer term trend is.
Trade breakdown with spread. Stop loss is at 10 pips below the low of the entry:
1) Buy at 1.4263 with a stop at 1.4237
2) Buy at 1.4280 move stop to 1.4245
3) Buy at 1.4320 move stop to 1.4282
4) Buy at 1.4325 move stop to 1.4302
5) Buy at 1.4338 move stop to 1.4014
6) Buy at 1.4363 move stop to 1.4314
7) Buy at 1.4379 move stop to 1.4350
8) Buy at 1.4388 move stop to 1.4354
9) Buy at 1.4410 move stop to 1.4498
10) Buy at 1.4425 move stop to 1.4402
All ten positions stopped out at 1.4402
If price closes below the 8EMA on the 1 hour charts, it may be the start of the trend slowing down.
If price closes below the 8EMA on the 4 hour charts your positions may all get stopped out.
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