EFC Indicator is based on a RSI 20/80 level rules
EFC Indicator finds the last 50 candles fractal low
EFC marks entry point of breakout of that fractal low's high
Stop Loss and Take Profit are set at a 1 x 2 risk reward ratio
I added Williams %R (10 period, -10,-90, hort. line-50)to act as a confirmation of a good bearish downward move
Price and %R are...
EFC Indicator is based on a RSI 20/80 level rules
EFC Indicator finds the last 50 candles fractal low
EFC marks entry point of breakout of that fractal low's high
Stop Loss and Take Profit are set at a 1 x 2 risk reward ratio
I added Williams %R to act as a confirmation of a good bullish upward move
WHAT IS AN ATR RISK REWARD MANAGEMENT PLAN
1- Maximum per trade risk = 2%
use a position size calculator
2- Stop Loss = ATR x 1.5
3- 1st TP = ATR x 1
4- Use two positions - each 1/2 total of trade risk (1%)
5- Both positions use hard SL - ATR x 1.5
6- 1st position uses hard TP - ATR x 1
7- 2nd position uses a trailing stop for TP
8- After 1st TP hits move 2nd...
Step 1 Add RSI to chart
Change RSI period setting to 2
Change RSI levels to 5 & 95
Step 2 Sell when the 2-period RSI indicator crosses above the overbought 95 level or
Buy when the 2-period RSI indicator crosses below the oversold 5 level.
Step 3 Find appropriate SL
Step 4 Take Profit when the 2-period RSI indicator crosses
Sell-below...
Price is in a current triangle pattern
Price tried a bullish breakout and failed
Price closed below triangle trendline
Price could retrace back to bottom triangle trendline
Or Price could drop where it currently is
TP is @ 59.14
Find appropriate SL
Traders Dynamic Index Strategy Entry Rules
1- Red Line break above Yellow Line
2- Green Line break above Yellow Line
3- Neither Line break above Blue Line
4- Buy when Green Line close above Yellow Line
5- SL below SwgLow or 1,5xATR (min 10 pips)
6- TP when Red & Green cross below 70 level
5 Candle Indicator will paint a green column t indicate a long trade is being setup
5 Candle Indicator will show Buy Entry Signal
Red line below price is an adjusting SL
5 Candle Indicator will show an Exit Signal
Or Exit when green line falls below red line
Exponential Moving Average Strategy
(Trading Rules – Sell Trade)
Our exponential moving average strategy is comprised of two elements. The first degree to capture a new trend is to use two exponential moving averages as an entry filter.
By using one moving average with a longer period and one with a shorter period, we automate the strategy. This removes any form...
Price is at the 100 sma
Price close below or above 100 sma determines direction
Follow Macd for direction
Long Trade
Price closes above 100 sma
Enter at candle close
Buy TP @ 1.0679
SL below 100 sma
Short Trade
Price closes below 100 sma
Enter at candle close
Sell TP @ 1.0505
SL above 100 sma
In this strategy, you are going to learn about a trading strategy that uses the how to use parabolic SAR indicator (Stop And Reversal) trading tool, along with two moving averages trading strategy to catch new trends on the reversal and continuation of the trend.
If the dot is below the candle this can be a signal to BUY or an uptrend. When the change occurs (the...
First - Double Top Pattern Strategy is the traditional method double top strategy
Step 1 Identify the Phase of the Market. The Double Top reversal needs an uptrend.
Step 2 The historical precedent. An A++ Double Top Reversal is composed of 2 Rounded Tops (point A & B)
Step 3 Sell when Double Top breakout candle closes below the neckline (point C).
Step 4 Take...
The Williams percent R indicator or %R for short is a technical indicator that oscillates between the value 0 and -100. The Williams percent range indicator provides us with valuable information about the strength or weakness of a trend of a stock, commodity, currency pair, cryptocurrency or any other financial instrument that has attached to it a...
Bitcoin Signal Indicator found a Long Trade Entry
Bitcoin Signal Indicator showed Entry Signal
Bitcoin Signal Indicator has a Trailing SL
Exit strategy is a 1 to 2/3 risk ratio reward
BTCUSD 1D shows possible Head and Shoulders developing
BTCUSD 4H could possibly show 2nd shoulder developing with long bullish move
Bitcoin Signal Indicator shows on 4H a long entry signal
Bitcoin has a Trailing SL
Exit strategy will be a 1 to 2/3 risk reward ratio
Step #1: Wait until you can spot a bar that has its daily range smaller than the previous three days
The first rule requires you to have the patience until the Nr4 pattern develops on the chart. When we have a daily trading range that is narrowed than the previous trading ranges it means that the price is contracting.
Based on our backtesting results we have found...
Bitcoin Signal Indicator shows Entry Signal
Bitcoin Signal Indicator shows SL
Bitcoin Signal Indicator adjusts Trailing SL
Bitcoin Signal Indicator determines TP as a 1 to 2 risk reward ratio
EURUSD 15M US SESSION SHORT TRADE
Strike Trader Elite Indicator shows
Short Trade setup column
Short Trade Entry Signal
Short Trade SL
Short Trade Exit TP Signal
