The three simple moving average forex trading strategy is established on one of the most well-known trading indicator: the simple moving average (SMA).
Features
1. One hundred simple moving average, twenty five moving average and ten moving average are the only three indicators utilized in this trading strategy.
2. The recommended time frame for this technique is thirty minutes and beyond.
3. It can be utilized on all endorsed trading sessions.
4. Applicable on all currency pairs.
The GBP/JPY Instance Chart
Purchase Entry Rules
1. Twenty five SMA on top of the one hundred SMA.
2. Ten SMA on top of the twenty five SMA and one hundred SMA.
3. For conservative forex traders, exit the exchange when ten SMA bypasses twenty five SMA and one hundred SMA from on top. This leads to a valid purchase trade. For aggressive forex traders, end the long exchange when the SMA ten bypasses beneath SMA twenty from on top.
Auction Entry Rules
1. Twenty five beneath one hundred SMA.
2. Ten SMA beneath twenty five SMA and one hundred SMA.
3. For conservative forex traders, exit the exchange when ten SMA bypasses twenty five SMA and one hundred SMA from beneath, this leads to a valid auction trade. For aggressive forex traders, end the short exchange when the SMA ten bypasses on top of the twenty five from beneath.
Utilize this strategy at your own risk. WindsorForex.com cannot be responsible for any losses associated with utilizing any strategy presented on the site. It’s not recommended to utilize this strategy on the real account without testing it on demo first.
