i'm sharing a HFT system based on Exponential moving average,
is a trend following strategy.
Time Frame 5 min or 15 min. Currency pairs:
EUR/USD, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, USD/CAD
Indicators:
Exponential moving average period 633, close;
Exponential moving average period 200, close;
Exponential moving average period 36, close;
Exponential moving average period 12, close;
PFE (10, 5, 10,10);
Pivot Points.
Trading Rules
Trade only in direction of the trend.
Up Trend only buy.
Down trend only sell.
BUY
12EMA>36EMA>200EMA>633EMA
PFE>0
Two typs of re-entry
1.Re-entry with the previous conditions (see pictures)
2.Re-entry when the price bounce on 200EMA or 633EMA but wait that 12EMA>36EMA
SELL
12EMA<36EMA<200EMA<633EMA
PFE<0
Two typs of re-entry
1.Re-entry with the previous conditions (see pictures)
2.Re-entry when the price bounce on 200EMA or 633EMA but wait that 12EMA<36EMA
Make profit on the pivot points, but with 15 min time frame pivot is a option. Fast profit target (example: 5 min Time Frame EUR/USD 7 pips, AUD/USD 7 pips, GBP/USD 10 pips) Stop loss for sell 6 pips above 36EMA, for buy 6 pips below 36EMA
Anyone willing convert this strategy to an EA is welcome, this project is to create an EA based on this system and share it here. I can handle optimization and will post set here for everyone
Linkback: https://www.forex.zone/mt4-mt5-eas/7/sharinghigh-frequency-scalping-system-ema/616/