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Triple EMA Forex Trading Strategy
Triple EMA Trading Strategy

Getting Started With This Forex Strategy

This is an effective forex strategy with only three indicators. I use this strategy primarily on the 15-minute chart, but it can be used effectively on longer time frames as well.
The three indicators being used are:

  1. Exponential 15-period Moving Average (closed)
  2. Exponential 25-period Moving Average (closed)
  3. Exponential 50-period Moving Average (closed)
    You can refer to the picture above to see how your chart should look. The color of each Moving Average is entirely up to you.
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How to Trade

You are only trading the 15 moving average crossings over/under the other two moving averages for this strategy.
When the 15 MA crosses above BOTH the 25 & 50 MA, you place a buy order. As indicated by the green arrows in this picture:

15 min EMA Forex Strategy
15 min EMA Strategy

When the 15 MA crosses below BOTH the 25 & 50 MA, you place a sell order. As indicated by the red arrows in this picture:

3 ema forex trading strategy
3 ema forex trading strategy

As you can see this resulted in a very profitable trade!

Read More : 1 HOUR FOREX REVERSAL STRATEGY

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