Slow Moving Averages Crossover Strategy ~ forex trading experience

8:53 PM in a, achievement, averages, crossover, evolve, Forex, from, fxreviews, mechanicalforex, milestone, moving, o, slow, strategy, time, to

Use time frame and currency which respond the best (1 hour, 1 day… or any other).

Indicators: (multiple of 7) 7 SMA, 14 SMA, 21 SMA.

Entry rules: When 7 SMA goes through 14 and continues through 21, BUY/SELL in the direction of 7 SMA once price gets through 21 SMA.

Exit rules: exit when 7 SMA goes back and touches 21 SMA.

Advantages: again it is an easy set up and does not require any calculations or other studies. Can produce very good results during strong market moves, the system also can be easily programmed and traded automatically.

Disadvantages: System requires periodical monitoring according to a chosen time frame. SMA indicator signal can be confirmed after the current price bar has been fully formed and closed. In other words, when SMA stops changing and the signal is fixed, traders may rely on such information to open a trade.

Source: forex-strategies-revealed

forex trading experience

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Stochastic High Low Strategy ~ forex trading expo

11:57 AM in averages, crossover, Forex, high, low, moving, slow, stochastic, strategy

Forex systems which adopt a Stochastic indicator for monitoring the price provide some very good tips about the situation on the market for traders that are willing to see it.


Currency pair: Any.
Time frame: Any.
Indicator: Full Stochastic (14, 3, 3)


Entry rules: When Stochastic has crossed below 20, reached 10, and then crossed back up through 20 – set BUY order.
Entry rules: Sell when Stochastic has crossed above 80, reached 90, and then crossed back down through 80.
Exit rules: close trade when Stochastic lines rich the opposite side (80 for Buy order, 20 for Sell order).

Advantages: gives quite accurate entry/exit signals in well trending market.
Disadvantages: needs periodical monitoring. Stochastic is suggested to be used along with other indicators to eliminated entering on false signals.

Source: forex-strategies-revealed

forex trading expo

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