H4 – Daily Strategy

This is a new strategy on our site. It is very interesting because it works on two time frames – H4 and Daily. You can choose which one to use, or use both – the rules are the same.

Settings

• Pairs: EURUSD, GBPUSD
• Timeframes: H4, Daily
• Indicators: ЕМА(5), ЕМА(10), ADX(28), MACD(5; 10; 4)

Buy Signals

1. ЕМА(5) crossed ЕМА(10) bottom-up.
2. At the same candlestick blue line D+ of ADX indicator is higher than red line D-.
3. MACD is above the zero level.
4. At the opening of the next candlestick – buy.

Sell Signals

1. ЕМА(5) crossed ЕМА(10) top down.
2. At the same candlestick blue line D+ of ADX indicator is lower than red line D-.
3. MACD is below the zero level.
4. At the opening of the next candlestick – sell.

Monitoring of a deal

Daily chart

• Stop loss placed on the min price (for purchase deals) / max price (for sell deals) of the signal candlestick.
• Take profit is 250 points for GBP/USD and 200 points for EUR/USD.
• The transaction is transferred to breakeven if profit reaches half size of the take profit.

Н4 chart

• Take profit is 70 points for GBP/USD and 60 points for EUR/USD.
• Stop loss placed on 3-5 points lower (for purchase deals) / higher (for sell deals) of ЕМА(10) at the signals candlestick. Stop loss cannot be less than 35 points and more than the take profit size.
• The transaction is transferred to breakeven if profit reaches +40 points.