Hi everyone! I would like to tell you more about my trading strategy. May be you will find some ideas for your trading or may be you will start trading based on this strategy. First of all I should tell that there are a great number of different trading strategies for trend, range, reverse and breakout market conditions. I tried many of them and decided to design something suitable for my style of trading. I don't like to use only trend following strategies, because when there is range, you have to wait for trend. And when there is divergence, you can't trade because it's come out of the rules. The same goes about range strategies, your trading won't be profitable, if you use them in trend market. So, I designed this trading strategy for all market conditions. I use only 5 technical indicators for this strategy: Moving Averages with periods 20, 50 and 100, Bollinger Bands
, DMI and RSI
with standard parameters. There is no special rules for opening trades, just standard using of the indicators mixed in one trading strategy. You can use it in all markets and time frames started from 15 minutes to daily charts
. Following this trading strategy, good money management and diversification, you could produce good profit in long term. I will write about trading signals, how to place stop and profit orders, ,money management and historical test results in following parts. Don't forget to subscribe in order to get all information and... Have a nice day!