Latest Systems
- VolcanoWMA Strategy
- Bounce Back Strategy
- Crystal Time Frame Switcher
- The Pouria Method
- The Bible Forex System
- Forex Trading Made Simple
- Scalping with Bollinger Band
- VMA Trend Trading
- 3 White Soldiers 3 Black Crows
- Price Action Scalper
Categories
- Technical
- Fundamental
- Scalping
- Trend Following
- Range-Bound Trading
- Day Trading
- Swing Trading
- Long-Term Trading
- Metatrader Only
- Hedge Trading
- Martingale Trading
- Counter Trend
- Divergence
- Breakout
- Price Action
Popular searches
Change search criteria
Range-bound 34EMA 5EMA
Simple Range-Bound Trading
Range-Bound Trading Forex Systems (2)
Range-bound 34EMA 5EMA
3.79/5 (323 votes)
Learn to forecast upcoming ranging market using 5 EMA and 34 EMA
This trading plan allows us to detect ranging markets as early as possible. It uses EMA 5 and EMA 34 to forecast upcoming sideway market. After identifying the closest swing high and low, two horizontal lines are drawn to identify the boundaries of the ranging market. When the price touches the horizontal line and bounce back in reverse, this shows a very high probability that the market is ranging.
Simple Range-Bound Trading
4.17/5 (357 votes)
Learning to trade the Range Bound Strategy
This strategy made use of a simple range-bound forex trading method which has great profit potential. It identifies important support and resistance levels on the hourly chart by using the SuperSR7 indicator. In addition to the SuperSR7 indicator, a stochastic oscillator is used to pinpoint possible long and short entries in the market.