Simple Moving Average Cross Over Strategy

Simple Moving Average Cross Over Strategy

Time Frame        : Any; Two Charts with two time frames (1:4 – 1:6 Ratio – look special notes)
Currency              : Any
Author                  : Universal

Market Session : Any

Indicators
1. 10 EMA and 50 EMA – Entry Chart
2. 100 EMA – Trend Chart

Buy/Long Rules
1. Price is above the 100 EMA line in Trend Chart
2. 10 EMA line crosses 50 EMA from below in Entry Chart
3. Take a buy entry on the candle close

Sell/Short Rules
1. Price is below the 100 EMA line in Trend Chart
2. 10 EMA line crosses 50 EMA from above in Entry Chart (figure)
3. Take a sell entry on the candle close

Exit (Stop loss/Take Profit)
Close the trade when 10 EMA line and 50 EMA line cross in the opposite direction. (see above figure)

Special Notes
*. Do not trade in ranging/choppy markets, only trade in trending markets
*. Ratio 1:4 – 1:6 Means Trend chart time frame must be between x4 and x6 of the Entry chart time frame. (eg – Entry chart 1M, Trend Chart 5M)

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