Forex Strategy “4 indicators”
First of all, set in the following indicators:
1) Moving average with a period averaging 90 Smoothed and apply it to a Close
2) The CCI indicator with a period of 12, set the levels of 100 and -100, -50 and 50, apply to the Typical
3) The indicator ATR (14) and set the level of 0.002.
4) Indicator Williams Percent Range, between levels of -15, -85, -40 and -60.
Terms of the deal to buy:
First, one must remember that the transaction in this strategy are only after the confirmation of all signal at the close of the candle:
1) Price is above the moving average.
2) Indicator Williams dropped below its level of -85.
3) The indicator CCI (12) is below -100.
4) ATR above two pips/points.
Terms of the deal to sell:
1) Price is below the moving average.
2) Indicator Williams closed above the level of -15
3) The indicator CCI (12) also closed above its 100 level.
4) ATR above two pips/points.
Exit Strategy:
- Close Buy when CCI returned from above and was less than -50
- Closing Sell if the CCI returned to the bottom zone is greater than 50
No comments:
Post a Comment