The expert advisor 4HR 5 EMA System V1.6 EA is a fully automated trading system (management positions and risks ...)
The signals are calculated only with exponential moving averages channel EMA
. Exponential Moving Average EMA (5) High applied at the highest price
. Exponential Moving Average EMA (5) Low applied at the lowest price
The robot trader 4HR 5 EMA System V1.6 EA is optimized for all currency pairs and time unit of 4:00
Broker - Broker Online : Metatrader MT4 Platform
Strategy - Rules Trading
. Stop loss: - pips
. Take profit - pips
. Lots: -
. Trailing Stop: -
* Buy signal - Automatic opening long position
. Price stanchion key moving average EMA (5) Low and closing at least 5 pips below the moving average EMA (5) Low.C'est the signal bar, it affects only the moving average EMA (5) Low .
If the price continues to fall in the next candlestick that becomes the new signal candlestick.
The turning bar breaks in the highest increase in bar signal + 5 pips.
The ideal turning bar has a lower higher than the low of the signal bar.
If no turning bar is formed after two candleholders, expect a new opportunity
Stop: 5 pips below the low of the signal bar
output: only if opposite signal (sell signal)
* Sale signal
. The price breaks upward candlestick moving average EMA (5) High and closing at least 5 pips above the moving average EMA (5) Low.C'est the signal bar, it affects only the moving average EMA ( 5) High.
If the price continues to rise in the next candlestick that becomes the new signal candlestick.
The turning bar breaks at the lowest fall in the signal bar - 5 pips.
The ideal turning bar has a higher lower than the high of the signal bar.
If no turning bar is formed after two candleholders, expect a new opportunity
Stop: 5 pips above the high of the signal bar
output: only if opposite signal (buy signal)
Learn more about the rules and trading signals:
Exchange trading - Moving Average MT4
Parameters - Test
Trade Example
Exchange - trading Forex Currency
Swap - symbol EUR / USD
Period: 4 hours - H4
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