amnoguerol
New Member
STRATEGY :
Wait for BK Fractals to appear in the zone ( between 20 and 50 smoothed moving averages )
Trade only the signals that are confirm by Stochastic C1 and RSI C2 both oversold or overbought
Stop level 10 pips and Target 5 pips
See the sample image for a better understanding.
Optional : you can set two trades 1 with target 5 pips and the other with 10 pips target
( This is a trend following strategy, use the 50 smma to make sure you are trading in right direction )
INDICATORS :
10 Smoothed Moving Average
20 Smoothed Moving Average
50 Smoothed Moving Average
RSI 5
Stochastic 5 3 3
Wait for BK Fractals to appear in the zone ( between 20 and 50 smoothed moving averages )
Trade only the signals that are confirm by Stochastic C1 and RSI C2 both oversold or overbought
Stop level 10 pips and Target 5 pips
See the sample image for a better understanding.
Optional : you can set two trades 1 with target 5 pips and the other with 10 pips target
( This is a trend following strategy, use the 50 smma to make sure you are trading in right direction )
INDICATORS :
10 Smoothed Moving Average
20 Smoothed Moving Average
50 Smoothed Moving Average
RSI 5
Stochastic 5 3 3