Specification
The 3 EMA to use are EMA 48, EMA 13 and Linear Weighted moving average period 50. Indicators are MACD(Default setting) and RSI(40, 60).
BUY CONDITION
When EMA 13 crosses above either EMA 48 or EMA 50. EMA 13 is above
RSI is above 60
MACD is positive
Price is above EMA 50
SELL CONDITION
When EMA 13 crosses below either EMA 48 or EMA 50. EMA 13 is below
RSI is below 40
MACD is negative
Price is below EMA 50
EXIT
Take Profit at the next any combination of EMA crossing
Stop Loss:
M1=5pips
M5=10 pips
M15=15pips
M30=25pips
H1=50pips
H4=100 pips
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