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the indicator shows a blue arrow, you need to open a buy order. When the indicator shows a red arrow, you need to open a sell order. Close orders when the indicator draws a yellow cross. In order to get the most effective result, we recommend using the timeframes H1, H4, D1. ...
I use scalping on three EMA's: 10,21 and 50, on EURUSD 15M, focusing on the 10-EMA to cross over both, 21 and 50 EMA. After a close off the 50 I enter, setting my Stop 5 pips above last candle (the one, which closed off 50 EMA). I do not set a fixed Profit, however ...
The answer to this problem has always been to start with a clean screen, go back to the basics, and gradually build an effective trading strategy that is, in a word, uncluttered. The most basic indicator is a Simple Moving Average (SMA). The curve will smooth out the bumps in candlesti...