TEB 5ema & 12ema and 21 RSI (MTF)

Its hard not to win pips with this system ... if you do MTFs
This is one of the systems I use (a lot)
here it is an 30 min & 5 min charts
its hard not to make pips with this system.
I use 5 ema and 12 ema
(but if you like use 5 & 8 or 5 & 10 ema it doesn't really matter)
MTF is the point (Multi time frames)
I use the 20 RSI at 50
(if you want a letter win rate put 45 and 55 on the higher chart RSI )

Attached Image (click to enlarge)

I trade two lot at a time

1st. lot target 10 pips + spread
stop loss 10 pips

2nd. lot move to break even when 1st lot is taken out
I then keep moving up the stop loss with every swing unill I am taken out.(ie in an up trend every swing lower)
If I can not be at my computuer
- I target the next round number (50 or 100 ie 1.3550 1.13600)
- S/R

Other stuff
1. better % on pull backs and break outs then on the crosses.
2. You need to know when to trade and when not to trade (very important )
-3am to 5am est
-7am to 12noon est
-maybe 8pm to 10pm, est
-no holidays
-Becareful of new events ie 8:30 am and 10:00am est
3. I trade only the big pairs,I trade mostly on the eur/usd !!!
the other two main ones would be usd/jpy and the eur/gbp
then if no trend on these I would look at the usd/cad or the aud/usd or the eur/jpy

Attached Files

5-12-20-50-5min[2].tpl   111 KB | 282 downloads

RSI-Trend-Dots.mq4   4 KB | 298 downloads

BarLength[1].mq4   4 KB | 231 downloads

MA in Color_wAppliedPrice[1].mq4   5 KB | 229 downloads

RoundNumbers[1].mq4   3 KB | 220 downloads

THV4 TzPivotsMW (Black).ex4   23 KB | 203 downloads

xPivotMultiday_v1.31.ex4   30 KB | 210 downloads

How useful was this post?

Click on a star to rate it!

Submit Rating

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?

Submit Feedback