EMA and Laguerre Trading System

This system uses a 15 minute and above timeframe and applicable to any currency pair.

Forex Indicators:

• Laguerre;
• EMA 50;
• EMA Crossover.
• MACD (15,5,4)

For long position:

• Price must be above EMA 50.
• Laguerre indicator is oversold (0- 0.15 value).
• MACD is greater than 0.
• EMA cross-over shows a green up arrow.
• Enter long position when candle closes.
• Set initial stop a few pips below the most recent support level.
• Take profit on support or resistance level.

For short position:

• Price must be below EMA 50.
• Laguerre indicator is overbougt (0.75- 1.05 value).
• MACD is less than 0.
• EMA cross-over shows a red down arrow.
• Enter short position when candle closes.
• Set initial stop a few pips above the most recent resistance level.
• Take profit on support and resistance level.

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