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Asymmetric EMA Deviation

Asymmetric EMA Deviation is a Moving Average oriented forex trading indicator, well-known for its all-round performance over determining the market trends and identifying the overbought/oversold conditions of the market. Therefore, from swing traders to trend-following market participants, everybody can apply it for enhancing the trading performance.

Asymmetric EMA Deviation can be applied to trade all kinds of forex currency pairs. However, this indicator suits well with minutes to hourly timeframe charts thus work best for scalping and intraday trading purposes.

Asymmetric EMA Deviation General Overview

After installing the indicator at the MT4 terminal, your chart will appear like the following image:

Asymmetric EMA Deviation Overview

Asymmetric EMA Deviation: Interpretation

Asymmetric EMA Deviation Interpretation
  • Asymmetric EMA: Appears as moving average, Asymmetric EMA works as a trend definer. Its value holding above the neutral level indicates the trend as bullish. For the bearish trend, the EMA value must turn into negative. This tool can also be used to identify the overbought/oversold conditions of the market. It reaches above 1.1 means the overbought condition and dives below -1.1 to signal the oversold condition of the market.
  • Asymmetric Bars: It works as a trend filtering tool. Asymmetric Bars plots positive bars represents the validity of the bullish market trend. Contrarily, the bars turn negative means the confirmation of the bearish market trend.

Continue Reading: Build an Ideal Forex Trading Strategy

Asymmetric: Buy RulesAsymmetric Buy Rules

  • Asymmetric EMA holds above the zero level
  • Asymmetric Bars turn positive
  • Activate the buy entry when the above conditions are met
  • Set stop loss below the recent low of the market
  • Exit long/take profit whenever both Asymmetric EMA and Bars turn negative 

Asymmetric: Sell Rules

Asymmetric Sell Rules
  • Asymmetric EMA holds below the zero level
  • Asymmetric Bars turn negative
  • Activate the Sell entry when the above conditions are met
  • Set stop loss above the recent high of the market
  • Exit short/take profit whenever both Asymmetric EMA and Bars turn positive

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1 thought on “Asymmetric EMA Deviation”

  1. Hi beloved
    THANKS, THANKS, THANKS for this great indicator , and great explanation about it, I really hate those sites how just put indicators without explanation , they give people a rope to hang themselves, I can see you are a very good trader too, please give us more information about the
    indicators and trading also, please review the article I think there is a little mistake about the direction of the histogram, if not please clarify, I hope your site be the best on the internet,
    thanks again and have a nice life.


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