Trading indicators with MT4 platform – 5 EMA (Dark Blue) + 21 EMA (Crimson) + RSI(7) + MACD (10,20,3,7)
Forex pairs – all
TF (TimeFrame) – 15 min or larger
Broker – Any that offer MetaTrader 4 platform
Price – Free
How to install MT4 indicators >>
This Forex strategy using EMA could work very well to find the trend. This system is created to work with MetaTrader 4 with the following indicators – 5 EMA (Dark Blue) + 21 EMA (Crimson) + RSI(7) + MACD (10,20,3,7). If you want to use this trading system with other trading platforms, you should use this settings – 5 EMA (Dark Blue) + 21 EMA (Aqua) + RSI(9) + MACD (5,26,1).
So how really work this trading system?
This trading system use slow and fast EMA’s and also RSI filter. The system work very simple, you only need to follow for breakout. For example:
When to BUY ?
You should Buy, when the fast 5-period EMA (Dark Blue) is above the slow 21-period EMA (Crimson). The other rule is the RSI(7) filter to create red bars, as the MACD with EMA > 0
When to BUY ?
You should Sell, when the fast 5 EMA (Dark Blue) is under the slow 21-period EMA.
You can take your profit, when the candle close inside the EMA area.
Download EMA-RSI-MACD 15min Trading System
see here strategy: Trend Line + MACD, see other forex mt4 systems (not free)
Tolex55, Thank you. We’ll glad if you’ll post here your results of trading with EMA-RSI-MACD 15min system. 😉
love it so far, is it possible to add an alert sound to know when trend changes , crossover on MACD
Please send request here http://www.profitf.com/programming/ with detailed info
EMA-RSI-MACD 15min Trading System is a good indicator we just need to wait for the signal. nice job