trading system Complex

 trading system Complex 

Time frame: 1 day, 1 hour or 30 min. Currency pair: any. Indicators: 80 EMA 21 EMA 13 EMA 5 EMA 3 EMA RSI (21) Trading rules: 80 EMA suggests major trend direction. When market trades above 80 EMA – uptrend, opposite for downtrend. 21 EMA and 13 EMA give a current trend direction. While 13 EMA stays above 21 EMA – uptrend, opposite for downtrend. RSI (21) above 50 mark suggests an uptrend, below – downtrend. Entries are made on a cross of 3 and 5 EMA in the direction of a trend: Buy when 3 EMA crosses 5 EMA upward in an uptrend market AND both 3 and 5 EMA cross a channel of 13 and 21 EMA AND RSI is above 50, and price is above 80 EMA. Entry with Sell order when 3 EMA crosses 5 EMA downward in a downtrend market AND both 3 and 5 EMA cross the 13 and 21 EMA AND RSI is below 50, and price is below 80 EMA. Note that additional entries are possible when 3 and 5 EMA cross back and then shortly after make a signaling cross again. Note, that when we get the signal to enter we always wait for the current price bar to close and only then (if conditions nave not changed) - open a position. Exit rules: when 13 EMA crosses 21 EMA back. Keep an eye on 80 EMA, also watch RSI 21 to cross 50 point mark again - both will suggest immediate exits. P.S. For more conservative trading take positions that do not contradict with 80 EMA's trend suggestion.