Trading Strategy for ZigZag, RSI, MACD and EMA

01 May 2011
This trading strategy is suitable for traders who prefer to rely on the testimony of indicators .For work, we use a set of 4 forex indicators with standard settings: ZigZag, RSI, MACD and EMA. Best tactics to use on medium timeframes.

Market: Forex;
Currency pairs: different;
Timeframe: from M15;
Forex indicators: EMA, RSI, ZigZag, MACD;
Strategy: Medium;
Protective Orders: None.
Rules of the trading strategy

Open a deal to buy:

On a downtrend at least wait for the next. To determine the direction of using an indicator EMA, for ease of maximums and minimums impose ZigZag.

Find the 1-2-3 swing. We went to buy a little less than 2, the stop is located under 3.

RSI must be greater than 50. The MACD has just crossed the zero mark, or is about to cross it.

The aim is the vertical distance from point 2 to 3.

Rule out: to reach the level of profit or loss.
Transactions on the open market on the opposite rules.

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