This is a very profitable system.
SELL:- When U see a cross like Red Line is above Blue, just wait for next candle. If next candle is also bearish then sell out.
BUY:- When U see a cross like Blue is above Red Line, just wait for confirmation means for next candle. Do not rush and don't trade against the trend.
WHEN TO EXIT?
Exit when you see another cross against your trade but if you want , you can take small small profits also.
Do not exit just becoz you see lines come closer for a cross. U should know that there can be a fake cross also. Look at the chart below:
HOW TO PUT THESE MOVING AVERAGES?
Go to Insert > Indicators > Trend > Moving average, click . New window will appear as shown in the image below:
U will see period value 14. Change that to 30, select any big size for line , so that it will look thick than another line. Click "ok".
Now for another Line, U go again to Insert > Indicators > Trend > Moving average, click . New window will appear again as shown in the image above.
U will see this time period value 30 but U change it to 3, select Blue clour for it and any size so that it will look thin than another red line. Now click" ok".
