Power Forex Trend Following Strategy

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Power Forex Trend Following strategy

This system works on a 15 minute or higher timeframe. You can use this in all currency pairs.

Forex Indicators:

  • 14EMA
  • 34EMA
  • MACD(12,26,9)

Long Entry:

  • EMA 14 must cross up EMA34.
  • MACD must be greater than 0.

Short Entry:

  • EMA 14 must cross down EMA 34.
  • MACD must be less than 0.

Exit Position:

  • You can exit position when in reverse position.
  • Take profit on pivot levels on daily and weekly.

Place stop loss on previous swing.
Profit Target 1:2, 5 ratio SL.

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