Forex Hitman

Forex Strategy wit 16 EMA and 48 EMA

Trading with EMA

This is system is intended for trading on 5-minute timeframe. So please keep in mind this

important information.

Long Entry Rules

- The closing price is stay above the EMA 16

- The EMA 16 stays above the EMA 48

- Laguerre cuts above 0.8 level

Stop loss

Place your stop loss around 30pips from the entry point.

Exit rules

- Take profit half of your position when price has gone above 20 pips

Take profit the rest when the EMA 16 cuts below EMA 48 and

closing price stays below the EMA 48 on 5 minute chart

Short entry

- The closing price is stay below the EMA 16

- The EMA 16 cuts or stays below EMA 48

- Laguerre cuts below 0.2 level

Stop loss

Place your stop loss around 30pips from the entry point.

Exit rules

- Take profit half of your position when price has gone below 20 pips

- Take profit of the rest when the EMA 16 cuts above EMA 48 and closing price stays above the

EMA 48 on 5 minute chart

In the pictures Forex Hitman trading system in action.

Indicators.rar

compressed file archive 2.5 KB

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Metatrader Template

Template.rar

compressed file archive 1.4 KB

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Forex Hitman

forexhitman.pdf

Adobe Acrobat Document 977.2 KB

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For trade I recommend to choose Broker with MT4 >>