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MA Cross Setup - Basic
Submitted by MagicMan on Wed, 04/13/2011 - 07:32
This setup has been around for hundreds of years, and it still remains one of the most popular. The MA Cross setup takes about 5 minutes to learn, even for a newbie, and it can provide great profits in a trending market.
The Logic
This setup has been around for hundreds of years, and it still remains one of the most popular. The MA Cross (moving average cross) setup takes about 5 minutes to learn, even for a newbie, and it can provide great profits in a trending market.
Chart Setup
The MA Cross system relies on only ONE indicator on your chart, which makes it the most basic setup we trade.
-
Moving Average
- Price: Close
- Length: 30
- Displace: 0
The Trading System
This system is extremely simple to trade as there are two very clear entry setups:
Buy Setup
When a bar crosses over the Moving Average, BUY!
This means price is likely beginning an UP trend, so you are trying to get onboard and get some profits. Our experts will only take the trade if price closes above the moving average as well.
Sell Setup
When a bar crosses below the Moving Average, SELL!
This means price is likely beginning a DOWN trend, and you want to ride it while it goes down for profits. Our experts will only take the trade if price closes below the moving average as well.
MA Cross Setup Training Video
Example Charts
MA Cross BUY Setups
MA Cross SELL Setups
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Hi All,
For binary options please M5 . For forex trading choose M15.. Anybody confirm this suggestion????
G.Mugavaiselvam
Which time frame do you think this steup is best used, when trading Binaries?