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CROSS TRADING FOREX STRATEGY

CROSS TRADING FOREX STRATEGY
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📌 Strategy Name: Cross Trading Strategy🧠 Core Concept:

"Cross Trading" in this context appears to combine:

Price action & arrow signals (entry/exit) on the main chart.

StepMA Ema indicator (displayed in the subwindow) for trend confirmation or filtering fakeouts.

📊 Indicators Involved:

Arrow Signals (on chart):

Red downward arrows indicate Sell signals.

Green upward arrows indicate Buy signals.

StepMA_Ema (in subwindow):

Yellow line represents the dynamic trend threshold.

Cyan line possibly shows a smoothed average or filtered trend.

Red/Blue arrows in subwindow show trend crossovers or directional shifts:

Red = Bearish trend start.

Blue = Bullish trend start.

✅ Entry Rules:🔻 For a Sell trade:

A red down arrow appears on the main chart.

Confirmation:

The StepMA_Ema subwindow shows a red arrow (trend shift to bearish).

The cyan line crosses below the yellow line or moves below a flat yellow line.

🔼 For a Buy trade:

A green up arrow appears on the main chart.

Confirmation:

The StepMA_Ema subwindow shows a blue arrow (trend shift to bullish).

The cyan line crosses above the yellow line or moves above a flat yellow line.

⛔ Filter Rules / Avoid Entries When:

No agreement between main chart signal and StepMA_Ema trend.

The yellow line in the StepMA_Ema is flat and ranging (indicating low momentum or choppiness).

Signals appear against a strong StepMA trend (i.e., green arrow during a bearish cyan/yellow drop).

🎯 Exit Options:

Opposite signal appears (e.g., exit Sell when a green arrow appears).

StepMA_Ema crosses back (trend reversal).

Fixed TP/SL based on last swing or ATR value.

📈 Strategy Benefits:

Filters out many false entries using dual confirmation.

Works well in trending markets.

Easy visual clarity—arrows and StepMA direction agree.

⚠️ Potential Risks:

May produce false signals during consolidations.

Delays in entry due to waiting for confirmation.

Requires backtesting to tune parameters (StepMA length, signal sensitivity, etc.).

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Published:

05 May, 2025 12:38 AM

Version:

v3.0

Source Code Included:

No

Instructions Included:

Yes

Files Included:

Yes

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