Forex Prime Indicator V 2.0
Posted by admin at 8:45 AM
The setup is as follows.
The first thing that needs to happen is that the 6 EMA and the 12 EMA
cross into the 50 SMA. Here's an example of a cross:
See how the green Ema and the red Ema cross the flashy green line? That is
the first step of a signal. Now the optimal signal is when the red and green
lines are VERY close together when they cross the flashy green line. What
this means is that it is moving very well into the up or down direction.
When the lines are further apart when the cross happens, the trade is a bit
riskier. You will also hear an alarm go off when the Emas cross; this is so
you don't have to be glued to the screen.
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