can we trade with indicators for long term

looser89

Active Member
#1
i demo trade forex with 50ema/100ema strategy.in this strategy go long when 50 ema cross 100 ema by upward and macd value is above 0 and short vice versa. it has 60% accuracy .and with fixed volume what well be result and stop loss/profit 1:3 .what will be the result after 1 year. if i trade blindly with that strategy. what are risk associated
 
#2
ema's and sma's are lagging indies and times like these especially with e/u and e/j when the news comes out they tend to move in both directions almost a 150 pips imho ema's and sma's work very well on longer tf's and are a fine way to identify trend or look for possible signs of a reversal ... try s/r they are where the magic happens ...and good luck
 
#3
i demo trade forex with 50ema/100ema strategy.in this strategy go long when 50 ema cross 100 ema by upward and macd value is above 0 and short vice versa. it has 60% accuracy .and with fixed volume what well be result and stop loss/profit 1:3 .what will be the result after 1 year. if i trade blindly with that strategy. what are risk associated
use more than TWO EMAs.... or ribbon EMA....you got more accuracy ... less whipsaws ...
 
#4
Less is more. I believe its better to use no more than 5 indis in trading. I prefer trading using price action but i also use ema and cci in my trading
 

Similar threads