Strategy 2: MA2 Cross
- George Solotarov
- Hits: 588
You can make quick money using the MA2 Cross strategy, which is suitable for both beginners and professional traders. It is based on simple and easy-to-understand trading signals for scalping and day trading even for beginners.
These trading signals are generated by the MA2 Cross ND LH AA MTF TT indicator, and the moving average indicator acts as a filter. At the same time, its period is set depending on the used timeframe. According to traders, this is a fairly simple forex system for scalping.
The main parameters:
1. Timeframe: M1 - M30;
2. Currency pairs: low spreads;
3. Trading time: at the trader's choice;
4. Risk management: volume of the lot should not exceed 2-5% of the deposit for one trade.
Indicators required for trading:
1. MA2 Cross ND LH AA MTF TT (Fast smoothed ma 12 periods, 144 Slow, moving average LVMA);
2. Simple Moving Average (for M1 -150, for M5 - 100, for M15 and M30 - 50).
3. Pivot points levels.
Signals Buy (to buy):
1. The price has risen above the red moving average MA;
2. The yellow МА has crossed the pink МА from the bottom to the top;
3. The white arrow upwards has appeared.
Sell signals (for sell):
1. The price dropped below the red moving average;
2. The yellow МА has crossed the pink MA in the downward direction;
3. A white arrow downwards appeared.
Setting stop loss and take profit:
1. Stop Loss is set above the previous local maximum or below the previous minimum;
2. Take Profit is set near the nearest Pivot level;
3. It is recommended to close positions when the arrow appears in the opposite direction.
Also, if you want to use all available trading tools to increase your capital as soon as possible - follow this link below, or contact us via live chat. Our experts will help you to choose the best strategy for success.