EMA-Bollinger Band Strategy For Mobile

This strategy combines three Meta Trader indicators in order to determine trade entry and exit signals on Moblie MT4 app. The indicators are 1. Moving Averages (Exponential Moving Averages EMAs and Simple Moving Average SMA) and 2. Awesome Oscillator and 3. Bollinger Bands.

Find below the indicator settings, and also see the images below for the conditions that determine when to Sell for any currency pair (the reverse is the case for Buy conditions). This strategy can be used on all time frames.

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EMA-BOLLINGER BAND SIGNALS:

SCOPE FOR 25 MAR, 2019 (07:35 GMT)

EMA

SCOPE FOR 22 MAR, 2019 (07:05 GMT)

EMA

SCOPE FOR 21 MAR, 2019 (07:14 GMT)

EMA

SCOPE FOR 20 MAR, 2019 (07:00 GMT)

EMA

SCOPE FOR 14 MAR, 2019 (8:05 GMT)

EMA

SCOPE FOR 11 MAR, 2019 (7:57 GMT)

EMA

SCOPE FOR 08 MAR, 2019 (7:29 GMT)

EMA

SCOPE FOR 07 MAR, 2019 (7:21 GMT)

EMA

SCOPE FOR 06 MAR, 2019 (7:12 GMT)

EMA

SCOPE FOR 05 MAR, 2019 (6:31 GMT)

EMA

SCOPE FOR 04 MAR, 2019 (6:59 GMT)

EMA

SCOPE FOR 01 MAR, 2019 (7:04 GMT)

EMA

SCOPE FOR 28 FEB, 2019 (6:50 GMT)

EMA

SCOPE FOR 27 FEB, 2019 (7:01 GMT)

EMA

SCOPE FOR 26 FEB, 2019 (7:08 GMT)

EMA

SCOPE FOR 22 FEB, 2019 (7:24 GMT)

EMA

SCOPE FOR 21 FEB, 2019 (6:28 GMT)

EMA

SCOPE FOR 1 FEB, 2019 (7:47 GMT)

EMA

SCOPE FOR 31 JAN, 2019 (8:04 GMT)

EMA

SCOPE FOR 30 JAN, 2019 (7:47 GMT)

EMA

SCOPE FOR 29 JAN, 2019 (7:57 GMT)

EMA

USDCHF – 1HR CHART 28 JAN, 2019 (22:41 GMT)

EMA

EURUSD – 1HR CHART 28 JAN, 2019 (22:33 GMT)

EMA

SCOPE FOR 28 JAN, 2019 (6:47 GMT)

EMA

SCOPE FOR 25 JAN , 2019 (8:18 GMT)

EMA

SCOPE FOR 24 JAN, 2019 (7:46 GMT)

EMA

NZDCHF DAILY CHART (SUN 15:05 GMT) – POTENTIAL BUY

EMA

CADJPY DAILY CHART (SUN 14:59 GMT) – POTENTIAL BUY

EMA

EURCAD DAILY CHART (SUN 14:43 GMT) – SELLING

EMA

DJI DAILY CHART (SUN 14:43 GMT) – BUYING

EMA

DXY DAILY CHART (SUN 14:43 GMT) – POSSIBLE BUY 

EMA

USDCHF DAILY CHART (SUN 14:33 GMT) – BUY 

EMA

EURAUD DAILY CHART (SUN 07:59 GMT) – SELL 

EMA

CADCHF DAILY CHART (SUN 07:46 GMT) – BUY 

EMA

AUDCHF DAILY CHART (SAT 21:52 GMT) – BUY 

EMA

 

Indicators:

Main Chart: The EMAs are five in number;

-50 EMA, Apply to Low,  Lime color

-50 EMA, Apply to High,  Orange color

-20 EMA, Apply to High,  Green color

-20 EMA, Apply to Low,  Red color

-40 EMA, Apply to Close,  Purple color

Indicator Window1:

-Awesome Oscillator (default setting)

Indicator Window2:

-Bollinger Bands, Period 340, Deviation 2.00, Apply to Close, Black Colour

-200 Simple Moving Average, Apply to Close, Red Colour

The EMAs are Five in number for this window;

-9 EMA, Apply to Close,  Green color

-13 EMA, Apply to Close,  Blue color

-20 EMA, Apply to Close,  Sky Blue color

-26 EMA, Apply to Close,  Purple color

-50 EMA, Apply to Close,  Navy Blue color

Note: To create Indicator Window2, you may need to open another indicator on the main chart, (for example, you may need to open Momentum indicator separately, add the Bollinger Band, SMA and EMAs on the indicator window2 before deleting the Momentum indicator).

 

 

EMA-Bollinger

Conditions for placing a SELL trade is shown in the image below:

 

EMA-Bollinger

 

Conditions for exiting the SELL trade is shown in the image below:

 

The reverse is the case for Buy conditions.

 

EMA-Bollinger Band Strategy For Desktop

 

EMA

 

Conditions for placing a BUY trade is shown in the image below:

EMA

Conditions for placing a SELL trade is shown in the image below:

EMA

EMA

Indicators:

Main Chart: The EMAs are five in number;

-50 EMA, Apply to Low,  Lime color

-50 EMA, Apply to High,  Orange color

-20 EMA, Apply to High,  Green color

-20 EMA, Apply to Low,  Red color

-40 EMA, Apply to Close,  Purple color

Indicator Window1:

-Awesome Oscillator (default setting)

Indicator Window2:

-Bollinger Bands, Period 340, Deviation 2.00, Apply to Close, Black Colour

-200 Simple Moving Average, Apply to Close, Blue Colour

 

Conditions for placing either BUY or SELL trade is shown in the image below:

EMA

EMA

Caution: Forex trading is risky. It is advisable that you acquire enough experience before you start to trade with real money. Do not invest in money that you cannot afford to lose (it is important that you study leverage, lot size, and money management in Forex trading very well before you execute your trade decision).

To trade in the Forex Market you must first sign up with a Forex Broker. There are lots of Forex Brokers out there that offer good service to their clients. Services include tight spread, partnership amongst others. My preferred brokers are 1. Alpari (https://alpari.com/en/?partner_id=1244646) 2. Exness (https://www.exness.com/a/t0q1u0q1) and 3. FXTM (http://forextime.com/?partner_id=4806145). You may sign up through any of the partner links above. You may also send me a mail in case you need me to guide you on how to sign up and start trading (beanfxtrader@gmail.com).

4 Replies to “EMA-Bollinger Band Strategy For Mobile”

  1. A very informative and easy-to-understand strategies.

    This piece of information just completed my puzzle. Many Thanks to the publisher!!

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