EMA and ZigZag trading system

[dokopy]

We will test this trading system on a five-minute (M5) business timeframe, from 06:00 to 18:00 (CET). The EMA indicator 200 will be used as an indicator of the longer-term trend in this timeframe, provided that if the price crosses the break point of the ZigZag indicator above EMA 200, we will trade on the long side if the price breaks the break point below EMA 200, so will trade on the short side (sales stores).

 

[dokopy]

ZigZag indicator
This indicator, or its end, which we see online on the graph, is constantly being redrawn into the current trend. But what is not redrawing is its turning point, from which the current trend unfolds. And it is this turning point that is already predetermined to be used as an entry point.

 

[dokopy]

We will enter by using the pending Buy-Stop and Sell-Stop orders, provided that if there is a gain or loss and the deal is terminated, then we enter the trading position again on the next valid signal until the trading hours end.

 

[dokopy]

This means that the ZigZag indicator indicates a signal on the opposite side of the EMA200 which is less than 10 pips from the current input (for example, EMA 200 is 1.3540, input long 1.3542, input short 1.3537) -Loss 5 pips.

 

[dokopy]

System input and output parameters
For purchase: BUY

Zig Zag (its breaking point) is above the EMA 200

Entry occurs when the price breaks through the intersection of the breakpoint, the momentary peak up.

SL = 10 pips

PT = 10 pips

 

[dokopy]

For sale: SELL

Zig Zag (its breaking point) is below EMA 200

Entry occurs when the price breaks through the intersection of the break point, the bottom of the moment.

SL = 10 pips

PT = 10 pips



This trading system is primarily intended for trading the EUR / USD currency pair, but after certain adjustments, in particular the Stop-Loss to Profit-Target ratio, it can be applied to other major currency pairs.

 

[dokopy]

In the test period there were 51 plus and 28 minus trades, which gives us complete peace of mind if we follow RRR 1: 1. Total profit is +256 pips.

Forex is a long distance run. So let us not breathe in the middle.

 

[dokopy]

The test period was from 4 February 2019 to 5 March 2019.

 

[Ryannw]

We will test this trading system on a five-minute (M5) business timeframe, from 06:00 to 18:00 (CET). The EMA indicator 200 will be used as an indicator of the longer-term trend in this timeframe, provided that if the price crosses the break point of the ZigZag indicator above EMA 200, we will trade on the long side if the price breaks the break point below EMA 200, so will trade on the short side (sales stores).

Thanks

 

[mk4tx]

For sale: SELL

Zig Zag (its breaking point) is below EMA 200

Entry occurs when the price breaks through the intersection of the break point, the bottom of the moment.

SL = 10 pips

PT = 10 pips



This trading system is primarily intended for trading the EUR / USD currency pair, but after certain adjustments, in particular the Stop-Loss to Profit-Target ratio, it can be applied to other major currency pairs.

I use EMA 200 in TF m30 with GU and EU
Thanks you so much.

 

[vitalfx]

please post also other systems here for better results

 

[xmatax]

thanks for sharing, we can all use an additional strategy to make profits!

 

[Tjhen]

is there any image to display so i can learn even more, without image i think it will be difficult to understand, TQ

 

[MR BIGSBY]

System input and output parameters
For purchase: BUY

Zig Zag (its breaking point) is above the EMA 200

Entry occurs when the price breaks through the intersection of the breakpoint, the momentary peak up.

SL = 10 pips

PT = 10 pips

I will test this out

 

[Manal]

We will test this trading system on a five-minute (M5) business timeframe, from 06:00 to 18:00 (CET). The EMA indicator 200 will be used as an indicator of the longer-term trend in this timeframe, provided that if the price crosses the break point of the ZigZag indicator above EMA 200, we will trade on the long side if the price breaks the break point below EMA 200, so will trade on the short side (sales stores).

Thanks for your comment

 

[James Olumide]

Have an idea of a good Strategy/ Indicator, I can make your Ea for you. Between $10 - $20 only. Contact me on WhatsApp +2349072822255