Tradingstrategyguides

TIM'S MA CROSS STRATEGY LONG TRADE

Long
OANDA:AUDJPY   Australian Dollar / Japanese Yen
Tim's MA Cross Strategy Indicators

1) 100 Period Simple Moving Average (100 SMA)
2) 20 Period Exponential Moving Average (20 EMA)
3) 14 Period Average True Range (ATR14)
4) Volume with 20 Period Average (Volume MA20)

Tim's MA Cross Strategy Rules

1) Longs only when 20EMA is above 100SMA
Shorts only when 20EMA is below 100SMA

2) Buy when candle OPENS below 20EMA and CLOSES above 20EMA
Sell when candle OPENS above 20EMA and CLOSES below 20EMA

3) No Trade if the price moves more than 1xATR14 from the 20EMA

Standard Trade Management Rules

1) If, after entry, the candle closes back on the opposite side of the 20EMA, close for a loss

2) Full Size Position if Vol >= 100% vol avg
1/2-Size Position if Vol >= 75% vol avg

3) Stop-Loss = 1.5 X ATR
1st Target = 1 X ATR

4) 1/2 off at 1st Target for profit - move Stop-Loss to break-even on remainder

Find Tim Black's complete MA Cross Strategy on our TSG YouTube site




Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview

Our free Telegram channel: t.me/TradingStrategyGuides
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.