Fast Moving Averages Trading Strategy.

The strategy decription:

Use three fast exponential moving averages (EMA) with periods of 10, 25 and 50. The smoothing method is average.
Use the average price (high + low/2) without shift.
Market: Forex
The time frames: H1, M15
The currencies cross: EUR/USD, GBP/USD

1. This strategy is easy to implementation, and it may give decent results on the trending market, especially when the price has big break-outs and big movements.
2. The strategy is based on fast exponential moving average indicator that known as a lagging indicator. Such indicators are not predict price movements that will happen in future, but rather expresses the current market state.
3. This strategy suitable only for the trended market. When market is crabwise and the price fluctuations are smaal the strategy can generate a lot of false signals. So you neet to avoid to use the strategy during quiet periods of the market.

The Signals to the opening position is generated as the following:

1. Look for the situation when 10 EMA crosses the 25 EMA and continues and crosses the 50 EMA, BUY/SELL in the direction of 10 EMA once it clearly makes it through 50 EMA.
2. The BUY signal genetated if the crossing is in the up direction.
3. The SELL signal genetated if the crossing is in the dowm direction.
4. Close ani position when the 10 EMA crosses 25 EMA in the opposite direction.