Forex trading system moving average Channel Breakout Trend Following, MT4 FX strategy, forex signal

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This is the Trend following system with breakout of different EMA as entry signal

Test on EURUSD Time frame M30
Test on EURUSD Time frame H1
Test on EURUSD Time frame H4

How to Apply

Sell or Short when the candle closed below EMA Channel and Red Dot appired
Don’t entry Sell if Red dot appired but the candle not closed below EMA Channel

Buy or Long when the candle closed above EMA Channel and White Dot appired
Don’t entry Buy if White dot appired but the candle not closed above EMA Channel

May put SL about 25 pip or last Higher price

Take Profit about 25-35 pip for Time frame M30
Take Profit about 50-70 pip for Time frame H1
Take Profit about 70-100 pip for Time frame H4

If the Indicator not fit with the Chart, we can adjust values of Indicator
Try to back test and adjust input values that fit with the chart

Hope that 2 MA Channel Breakout Indicator will help you in Forex trading, See you again in next Indicator review, Good luck and have a nice day.

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