Daily Indicators: Moving Averages (used for Trend) Moving Avg Exponentials 10 (Green Dashes) 18 (Red Dashes) 20 (Magenta Dashes) Daily 14 ATR IntraDay Indicators: Openning Range High and Low 5 Min OR High and Low 30 Min OR High and Low Simple Moving Averages 4 (Green) 9 (Red) 18 (Magenta) Mov Avg Exponential–I only use … This is a price action trading system that uses 20 EMA and it is called the 20 EMA Bounce Forex Trading Strategy and it is a really simple trading system even a completely new forex trader can follow easily. The only forex indicator you need is the 20 exponential moving average. For trade entries, you are going to use price action.Click Here for my free price action trading course Andy’s 5 Minute EMA Strategy – Scalping. Alright, so as you can see in the video from Andrew’s Trading Channel, it’s all about using EMA, or actually 3 EMAs, in order to create a killer 5 minute scalping strategy.Now, this particular 5 minute EMA strategy is all about the short term, because it’s only designed for 5 minute time periods. Trading with the EMA is useful for both beginner and experienced traders. This indicator incorporates a complete trading strategy perfect for trending markets. The 3 EMA crossover trading strategy uses the trend properties of moving averages for trade entry and pullbacks. From Forex to Bitcoin, the triple EMA strategy works on any time frame. Using EMA Crossovers as a Buy/Sell Indicator When considering strategy, a trader might use crossovers of the 50 EMA by the 10 or 20 EMA as trading signals. Another strategy that forex traders use.