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Forex Buffalo ForumMoving Average Strategy

Your Forex Life Start From Us

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Moving Average StrategyMoving Average Cross Forex trading

strategy is a simple system that isbased on the cross of the two standardindicators the fast EMA (exponentialmoving average) and the slow EMA. Youcan also use our free Adjustable MovingAverage Cross expert advisor to tradethis strategy automatically in MetaTraderplatform.

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Features

Very easy strategy to follow.

Simple indicators used.

It's easy to set stop-loss.

Moving averages are laggy can lag up to 10bars.

Ineffective during the flat markets.

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Strategy Set-UpAny currency pair and timeframe should work.

Add an exponential moving average to the

chart, set its period to 9, apply to Close, setcolor to red (optional) this is your fastmoving average (FMA).

Add another exponential moving average to

the chart, set its period to 14, apply to Close,set color to blue (optional) this is your slowmoving average (SMA).

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Entry ConditionsEnter Long position when FMA crosses SMA

from below.

Enter Short position when FMA crosses SMA

from above.

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Exit ConditionsStop-loss for Long positions should be set to

the Low of the last candle before the crossoccurred. For Short positions to the High ofthe last candle before the cross.

Take-profit should depend on the stop-lossand should be not less that stop-loss. I

recommend setting TP to 1.5 * SL or 2 * SL.If another cross appears before the stop-loss

or take-profit are triggered close the position.

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Example

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Thank you