The trading signals of this strategy are based on a combination of two indicators that everyone knows, EMA and RSI. Now not long, let's go into a few notes and trading principles of the strategy.

Note when using strategy

For those who use strategy, there are a few things to keep in mind:
  • Currency pairs: Only used on major currency pairs
  • Time frame: M15
  • Technical indicators: EMA 12, EMA 5, and RSI 14
Trading principles

For sale setup
  • Open a short position at the close of the candlestick when the 5 EMA crosses below the 12 EMA, and the RSI cuts below the 50 levels.
  • Place your stop loss 2 pips away at the highest price of the previous candle that closed before the EMA crosses.
  • Our profit is set at 10 pips.
See the picture below:


For buy orders
  • Open a long position at the close of the candlestick when the 5 EMA crosses above the 12 EMA, and the RSI crosses above the 50 levels.
  • Place your stop loss 2 pips away at the lowest price of the previous candle that closed before the EMA crosses.
  • Our profit is set at 10 pips.
See the picture below:


Important Note

Your goal is to earn 10 pips a day. If that day you lost 10 pips or even lost a series of consecutive orders then you need to stop. So the best way is to set a limit on your losses if you are trading continuously for one day. Don't let yourself get into the trade.

Disadvantages of the strategy
  • You cannot use this strategy in pairs with large spreads.
  • This is a trend trading strategy, so if the market goes sideways you will get a lot of false signals. Therefore, you should use this strategy during the European session and the US session only.
  • You easily fall into over-trading. So you need to set your own trading principles when using this strategy.
Advantages of the strategy
  • This is a strategy with simple principles that traders can also use easily.
  • The strategy works very well in trending markets.
10 pips a day can be easily reached during the day.
Simple strategy, right guys, everyone refers to and uses. And note, always have to manage capital and do not fall into trading. Always evaluate the trend before entering a trade because the strategy is on the M15 frame so it can create many signals that are contrary to the main trend. Please note this as well.