This is a scalping system and it needs a channel. Here, take it, I give it to you. Channel with alert.
Attached File(s)
Simple RSI & EMA high Profitable ratio Strategy 89 replies
First Pullback Strategy: Simple And Powerful 95 replies
EMA crossover (ema 14 & 34) 4 replies
Simple 1 EMA Strategy on M15 44 replies
Simple EMA/Trendlines Strategy 122 replies
Disliked{quote} For the first chart seems to be a double top which would put me off. Second chart looks slightly better however, what I don't like how potentially late in the trend you could be. As you can see there are other factors to consider when trading a system. Hope it helps.Ignored
Disliked{quote} Almost everything in the forums comes in zip format. Maybe a quick you tube tutorial may help: https://www.youtube.com/results?sear...+on+windows+10 At any rate, here is the template: {file}Ignored
Disliked{quote} Thank you so much sir. I got value and you were of help to me. I am grateful sir!Ignored
Disliked{quote} Hi zoheb, Thank you for sharing such a nice simple trading system. Agrees with other factor such as support resistant and some other factor as well. I prefer to look at what the the higher time frames are doing before entering the trade at lower time frame. Different people use diffrent type of strategy with price and EMA's. It may be they will include indicator may be not, but as long as they understand what current price is telling them what is happening and most propbably will happen next that is price action trading for me It does not...Ignored
DislikedThanks to you zoheb01 and your wonderful systems,I'm using this and the new scalping system you recently gave us. My career in the hospitality industry is probably over and In order to care for my family I had to give my head a shake and stop GAMBLING and start trading. This week was a game changer for me and thanks to you I finally realized after years of trading how important the smallest detail is in trading. For example I passed on trades that were close to the moving average but not touching.FOMO was my biggest enemy. Stay safe and thanks again...Ignored
DislikedHi, Does the MACD crossover have to happen at the same time as the touched/pullback candle?Ignored
DislikedHey traders, I wanted to share with you a simple 3 EMA pullback strategy that I've been using over the recent weeks. I've embedded the full tutorial video below: https://www.youtube.com/watch?v=8W5nnl44jsI The systems uses two indicators moving averages (determine the trend) and the MACD (signal for a pullback). Both indicators are slightly modified and included in the download below along with the MT4 template. Rules LONG 1) Top 50, middle 100 bottom 200 3) MACD above 0 line 3) MACD downward cross over 4) 200 EMA green 5) Price touched/closed...Ignored
DislikedHowever, looking at backtesting, I'm struggling to find pretty much any set ups that fit your criteria. Secondly, if the pullback is short (only one or two candles are crossing the EMA), then the MACD crossover occurs too late, when the price has already pretty much corrected itself back onto the initial trend.Ignored