Instruments: the strategy fits all instruments
Timeframe: D1
Indicators:
- 20 SMA Low;
- 34 EMA;
- ADX (13).
When to open long positions:
- The 34EMA is above the 20SMA;
- ADX(13) is above the level of 25.
When to open short positions:
- The 34EMA is below the 20SMA;
- ADX(13) is above the level of 25.
When to exit:
Positions are recommended to be closed when the moving averages cross each other. Take profit and stop-loss can be placed at fixed intervals, take profit – at 100-150 points from the opening level, and stop-loss – at 30-50 points.