oilfxpro
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Hi
This strategy is suitable for gbp/usd,euro/usd and euro/yen.stop loss 40 and take profit 90 for euro/usd and 130 for euro/yen and gbp/usd
Buy at 25 pips below the close price of the 3 rd preceeding daily candle
sell at 25 pips above the close price of the 3 rd preceeding daily candle
Filters
1 min charts do not trade against the trend of last 2 hours
Last 120 minute range of 45 pips must not be exceeded for entries against the direction of the trend. For long entries the price from high to low from 119 minutes ago, must not exceed 45 pips, For short entries the price from low to high from 119 minutes ago must not exceed 45 pips.
1 hour charts do not trade against the trend of last 48 hours
Lwmas on hourly charts
Long positions: Lwma 3 must be greater than lwma 10 , and both lwma 3 and lwma 10 must be greater than lwma 30
Short position: Lwma 3 must be lower than lwma 10 , and both lwma 3 and lwma 10 must be lower than lwma 30
It is a profitable strategy
OILFXPRO
This strategy is suitable for gbp/usd,euro/usd and euro/yen.stop loss 40 and take profit 90 for euro/usd and 130 for euro/yen and gbp/usd
Buy at 25 pips below the close price of the 3 rd preceeding daily candle
sell at 25 pips above the close price of the 3 rd preceeding daily candle
Filters
1 min charts do not trade against the trend of last 2 hours
Last 120 minute range of 45 pips must not be exceeded for entries against the direction of the trend. For long entries the price from high to low from 119 minutes ago, must not exceed 45 pips, For short entries the price from low to high from 119 minutes ago must not exceed 45 pips.
1 hour charts do not trade against the trend of last 48 hours
Lwmas on hourly charts
Long positions: Lwma 3 must be greater than lwma 10 , and both lwma 3 and lwma 10 must be greater than lwma 30
Short position: Lwma 3 must be lower than lwma 10 , and both lwma 3 and lwma 10 must be lower than lwma 30
It is a profitable strategy
OILFXPRO