Main photo Three Moving Average Lines Strategy

Three Moving Average Lines Strategy

  • By Yuri
  • 3047 views

This simple strategy is based on the intersection of three moving average lines (SMA) and can be used for all currency pairs on the chart with the period H1 or higher. It does not require constant monitoring of the market; all you need is just to check the chart at the closing of each candlestick.

First of all, set three SMA indicators (Simple Moving Average) with the periods 13, 26 and 100 on the chart.

When making trading decisions, follow the rules below:

Conditions for opening Buy transactions:

- the moving average with the period 26 crosses the moving average with the period 100 from bottom to top;

- the moving average with the period 13 crosses the moving average lines with the periods 26 and 100 from bottom to top.

The order shall be closed upon intersection of the moving average lines with the periods 13 and 26 from top to bottom.

Conditions for opening Sell transactions:

- the moving average with the period 26 crosses the moving average with the period 100 from top to bottom;

- the moving average with the period 13 crosses the moving average lines with the periods 26 and 100 from top to bottom.

The order shall be closed upon intersection of the moving average lines with the periods 13 and 26 from bottom to top.

This figure displays the chart with the timeframe H4 with two signals: one of them shows the entry point for opening a sell transaction; the other shows the entry points for a buy transaction.


Yuri
Yuri

Risk Warning: Trading on Forex and Binary Options carries a high level of risk and it is not suitable for all investors.There is always a possibility of losing some or all of your initial investment, so you should not invest money which you can't afford to lose.Eventhough we Forex Stock Exchange Forum -fxsforexsrbijaforum.com,does not provide any investment advice you should be aware of the risks involved. Any opinions, news, research, analyzes, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.Forex Stock Exchange FORUM will not accept liability for any losses, which may arise directly or indirectly from use of information from our website.You trade at your own risk!

Recommended publications