Moving Average S3

Expand / Collapse
 

Moving Average S3


S3 Moving Average Indicator

Author: Gregor Anton


The S3 Indicator creates 5 EMA’s that can be customized:  5, 13, 21, 55, 189.

This indicator is based on a trading strategy I learned as part of a Forex Course and have adjusted a little since.
 
It’s best used on the 1hr chart.  When EMA5 Cross Over 13 and 21 PLUS 13 crosses 21 then you have a trading opportunity after candle close.  Wait one more candle for confirmation.

EMA 55 is somewhat of a Pivot and should be used as guideline for setting Stop Losses. Ideally you want to enter after crossing of EMA55.

EMA 189 shows you a major trend and when 189 and 55 cross a major trend is forming.







Rate this Download:

Download File


S3.act S3.act (5.07 KB, 1,108 views)

User Comments

Click to subscribe to comments RSS feed...
No Member Photo by giulio posted Friday, March 19, 2010
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
scusate vorrei sapere dove salvare un indicatore in quale cartella non trovo nessuna cartella in goforex
grazie
No Member Photo by SCOARNEC posted Wednesday, March 10, 2010
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
Bonjour,

Comment fait-on pour trouver cet indicateur?
Merci beaucoup
No Member Photo by Gregor Anton posted Tuesday, February 23, 2010
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
Finetuning my strategy at the moment.  Will keep you posted.

If you have an idea of what indicator to use to confirm a good trade, I'm all ears.
No Member Photo by Edgar posted Tuesday, February 23, 2010
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
Thank you for this indicator! I guess that the 189 EMA might be used to reflect the weekly value if used on the 1 hour chart. Is my observation correct?
No Member Photo by bobby posted Friday, February 19, 2010
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
Nice indicator! have you tried to write a strategy with this indicator?


Comment require login or registration.

Details
Type: SCRIPT

Article has been viewed 4,528 times.

Options