acogwell11

MSS 2/3 USDCAD/USDCHF Update

OANDA:USDCHF   U.S. Dollar / Swiss Franc
Martin Long and Short Zones
Martin Support and Resistance
Martin Trend Meter

Martin Stochast Trend
Martin Momentum Lines
Martin Drop Coming
Martin Rise Coming

setup:
1. add martin trend bars, add martin S/R, add martin L/S zones to chart
2. set martin S/R to 1 or 2 sensitivity (recommend 1)

rules for opening a trade:
-open if zone color is in the same direction as your trade, green for long short for red
-open on the next 3 color trio you have after a trio of the opposing color (aggressive)
-open on the next 3 color trio after a large block of the opposing color (ultra conservative)

rules for stop loss:
-if longing, put SL slightly under the current support (1-5 pips)
-if shorting, put SL slightly under the current resistance (1-5 pips)

rules for taking profit/losses:
-you get stopped out on your trades
-if longing and resistance line becomes lower than the previous resistance line then close the trade
-if shorting and support line becomes higher than the previous support line then close the trade
-if zone color changes to the opposing color then close the trade
-be smart and close the trade yourself under your own discretion
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