hence the name) 72 EMA (khaki)'s tag archives

Corn flower Forex System

Construct a template according to the following settings: 8 EMA (yellow, dotted) 12 EMA (violet) 24 EMA (cornflower blue, hence the name) 72 EMA (khaki) Apply to H1 (conservative) or M30 (aggressive) chart only and remove the grid for clarity. System principles Cornflower is based on the principle that trades should be taken when the same trend presents itself on multiple time frames. On an hourly chart, the 24 EMA obviously defines the daily trend. The 8 EMA, which is...