Category: 1. Indicators Based Strategies

Pair: ANYTime frame:  dailyIndicators: 5 WMA, RSI 14 Long Entry Position: when the price crosses over 5 WMA and makes + 10 pips up, the RSI must be over 50. Shor Entry Position: when the price crosses below the 5 WMA and makes +10 pips down, the RSI must be less than 50. Take Profit: Daily time…

Time Frame 4H, Daily, and weekly In this system, we defined both long and short entries as well as exit orders. We also did some setup work to calculate a 16-bar (16,5,3,)slow Stochastic with an overbought level at 70 and an oversold level at 30. The setups, entries, and exits are defined next. Setup a) Calculate a…

One of the most popular momentum oscillators is constructed by subtracting a moving average from a closing price. When the close is above the moving average and accelerating upward from it, momentum is bullish and increasing; when the close is below the moving average and accelerating downward from it, momentum is bearish and getting even more bearish. We wanted to design a…

This is a powerful trading strategy that works very well during strong market trends and can offer excellent rewards. Most importantly, due to the accuracy of the indicators used and the conditions under which they are used, this strategy enables traders to enter only the best and strongest Forex trends out of which the best…

The EURUSD currency pair is the most liquid and most traded instrument in the Forex market. It, therefore, attracts a lot of attention from retail traders as well as pros, such as the big banks and institutions that professionally trade Fx. If you are familiar with the Forex market to some degree, you probably already…

The daily timeframe gives an opportunity for longer-term traders to profit from the Forex market. The following strategy is to be used on the daily chart only, on which it can generate great trading opportunities and profits. Since it is based on a relatively large timeframe, patience will be needed when trading this strategy as…

“The price always fills the gap.” This is a common quotation among traders on the financial markets. What this means is that when the day closes at a particular price and opens at another price, whether it is higher or lower than that previous close, once trading begins, the price will most probably move to…