It makes use of two basic technical indicators: EMA and RSI 9. This is another part of the Hall of Fame of Past Winners.

This one might be a little complicated for newbies as it requires a strong knowledge of divergences! This forex mechanical system focuses on the 5 and 10 EMA crossovers, with the RSI for confirmation.

Forex Trendy - Best Trend Scanner

A few adjustments were made on the original system to yield another version, which makes use of the parabolic SAR indicator for profit targets.

This mechanical trading system incorporates three simple moving averages 50, , that must line up in descending or ascending order to generate a sell or buy signal.

Revisions to the original system yielded a second version, which makes use of shorter-term SMAs to generate more crossovers and the addition of the ADX to filter out signals occurring in ranging market situations.

The trailing stop was also adjusted to pips to give the pair more leeway in making corrections. In the third version of the Triple SMA Crossover System, a profit target was added to help the system lock in profits as the trend progresses instead of giving all the pips back when the pip trailing stop is hit.

Of course, keep in mind that strong trends took place in the past few months, to the benefit of trend-following forex systems. Are you planning on making use of these forex mechanical systems in your trading strategy? Iron rusts from disuse; water loses its purity from stagnation.

Master Trend Forex Trading System - Free download and software reviews - CNET sanapidyqel.web.fc2.com

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