Strategy GBPUSD/GBPCAD Strategy D1 Time frame

[Towfick Kamal]

Pair : GBP USD GBP CAD (ONLY)
TIME FRAME: D1 ONLY
Take Profit : 80 Pips to 150 Pips
Stop Loss : as per chart and analysis


Indicator used:

5 SMA (Simple Moving Average)
BBBAND 20,2
RMI (14,5)
TDI RT CLONE (default settings)


Sell setup

Price was on Upper BB Band
Price fall or cross below of 5 SMA

RMI indicator is overbought 70-85

TDI overbought and bearish cross



Buy Setup

Price was on Lower BB Band
Price Up or cross above 5 SMA

RMI Indicator oversold area 30-15
TDI oversold and bullish cross over

 

[David Gilbert]

Thanks for the share, I look forward to testing this out.

 

[chaselau]

it is awesome, thanks for sharing

 

[marco ibrahimovic]

Thanks for the share, I look forward to testing this out.

 

[Ibrahim Simal]

Can I use EMA instead of SMA? I use EMA 8 and MA 50 for day trades. I have never lost a single trade by using 10 pips strategy.

 

[harold]

Pair : GBP USD GBP CAD (ONLY)
TIME FRAME: D1 ONLY
Take Profit : 80 Pips to 150 Pips
Stop Loss : as per chart and analysis


Indicator used:

5 SMA (Simple Moving Average)
BBBAND 20,2
RMI (14,5)
TDI RT CLONE (default settings)


Sell setup

Price was on Upper BB Band
Price fall or cross below of 5 SMA

RMI indicator is overbought 70-85

TDI overbought and bearish cross



Buy Setup

Price was on Lower BB Band
Price Up or cross above 5 SMA

RMI Indicator oversold area 30-15
TDI oversold and bullish cross over

thanks

 

[xiaohhao]

Thanks for the share, I look forward to testing this out.

 

[ashrafnajo]

thanks for good strategy, can i use it with different pairs

 

[mad6725]

Hi, thank you for sharing with screenshot & explanation

 

[angelpub15]

Thanks for your 5 star buddy Gonna try this out next week.

 

[btarget2009]

hi
Thanks for the sharing with screenshot $$$$$$$$$$$$$

 

[Zenyems]

Did anyone test the strategy recently? I heard that strategies change after being profitable for a while