Hello, Recently I had put my hands to some projects that I have started but had not finished, one of them I'm putting my hands on it now, its a very simple system that only uses one indicator, witch is an EMA 21, the Time Frame is 30 M, and the best pair for it is GBP/USD,
For long price must be above EMA 21, and the ema must be curved up,
For Short price must be below EMA 21, and the ema must be curved down
Exit when EMA curves to the other side.
I only trade this system from 7.00 GMT to 16.00 GMT after that I don't put more trades in the market, and all trades are closed at 21.00 GMT if Take Profit is not hit
Take profit is 105 pips
Stop Loss is 35 pips
For long price must be above EMA 21, and the ema must be curved up,
For Short price must be below EMA 21, and the ema must be curved down
Exit when EMA curves to the other side.
I only trade this system from 7.00 GMT to 16.00 GMT after that I don't put more trades in the market, and all trades are closed at 21.00 GMT if Take Profit is not hit
Take profit is 105 pips
Stop Loss is 35 pips
Logic will get you from A to B. Imagination will take you everywhere.