Simple moving averages crossover Strategy

FX:EURUSD   Euro Fx/U.S. Dollar
119 5 5
Simple moving averages crossover Strategy
A buy signal is generated when the EMA (purple) crosses above the MA (blue), while a sell signal is triggered by the EMA (purple) crossing below the MA (blue). As you can see from the chart above, this signal is very objective, which is why it's so popular.
when does the trade must be closed? when we have the inverse crossing? at that point should we enter too the trade? i cannot read which are the parameteres
Tecnologia_Financiera riccardo.pradella
Yes, the trade must be closed when we have the inverse crossing, and at that point we should open the inverse position as shown. We should wait for a clear crossover before entering or closing the trade, not just a touch of the lines.
If the signal is very objective, why wouldn´t you chose the direction on your posting? Is it short or long? The lines cannot be seen very well either, so I´m not sureif the post is very clear to be honest
Tecnologia_Financiera captain_smollett
Order of the trades:
1 short 1.16%
2 long 0.39%
3 short 0.62%
4 long 0.33%
5 short 0.19%
6 long 0.85%
7 short 0.08% fail
8 long 0.07% fail
9 short 0.50%
10 long 0.77%
11 short 3% (high risk = high return, brexit effect)
12 long 0.82%
13 short 0.05%
14 long now. buy signal
+1 Reply
captain_smollett PRO Tecnologia_Financiera
Got it now! Thank you for sharing, very useful =)
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