thread: Fxt777 EMA Distance System

Hello dearestcliqforexguests and members

that I have made a system that's not completely tested but seems great so far
I am releasing this system for free.
I believe that you will be interested because this is a new egy to EMAs. I am certain that you have not heard of the similar trading platform.
Do not be confused it is not GTS system

Ok here is excuse:

We utilize 5,10 and 18 EMAs
We utilize BB Squeeze indior (indies when bollinger bands come out from ketler channel)
We utilize 4 hour charts
that I think that it works great on EURGBP and USDJPY

1. When we have a signal that the Bollinger bands come out from ketler channel there'll appear a blue dot on BB squeeze indior. This is first sign.

2. But we wait to confirm a fad. So when space between those 3 EMAs are equal that is confirmation of the trend.

3. After we see that space between those EMAs are equal (there'll be yellow line to show this) we wait when price goes to 10 EMA after which retraces and shuts bearish/bullish pub. Important is that price should not close 10 pips (20 pips USDJPY) above of their 10 EMA.

I am still considering EXIT stage, could be you have better idea?
My idea is exit should be when BB squeeze bars stop to grow.
This is it, if you have question you can ask, When I log into 2nd time I shall answer them.

In the meantime see attached charts

thanks

Just wonering in the event that you can post a bb squeeze as well the enter values for each indior.

thanks

Thanks for excuse, a I've observed squeeze on John Carter webinar

However, what if lines goes from red to green or vice versa although bottom dots aren't cyan but redish color?

What is the significance of those underlaying dots (that could be cyan or pink)?


Thank you

LOL what Happens?

I do not know what colour cyan is LOL

There are two colours: red (or just like crimson ) and blue (or just like blue)

Here is a indior for EMA distance
https://www.cliqforex.com/attachment...6476376784.zip

Thank you for posting this method. . Looks good up to now. Allow me to get familiar with it and I'll return to you.

OK no problem,

3. Once we see that distance between those EMAs are equal (there will be yellowish line to demone this) we wait when price goes to 10 EMA after which retraces and closes bearish/bullish pub. Important is that price shouldn't shut 10 pips (20 pips USDJPY) over the 10 EMA.

When the retracement doesn't happen to return to the 10 EMA, does this mean we sit until it does?

3. After we see that space between those EMAs are equivalent (there'll be yellowish line to show this) we wait when price goes to 10 EMA after which retraces and shuts bearish/bullish pub. Important is that price should not shut 10 pips (20 pips USDJPY) above of their 10 EMA.

If the retracement does not happen to go back to the 10 EMA, does this mean we sit until it does?

It occurs very rarely, but when it happens we are missing trade

The retracement egy is good, because if you enter immediately then there's # 2 sign then price may retrace near to your stop. So it is much better to wait retracement.

thanks

bb squeeze ....
https://www.cliqforex.com/attachment...7137995777.zip

Can you Describe squezze indior a bit, what is what about It?

Thank You