This time I will share about trading strategies to use smartFX my collection. This strategy can be used globally for all currencies should be disciplined in accordance with the existing rules and uses a strict money management.
Indicators used:
- EMA 50 on chart
- EMA 120 on cart
- Hist_Step_MA_Stoch_KV1_Ex_03 set at 2000 bars. Set Filters on Step: +0,04 and -0,04
- Hist_StepMA_Stoch is the main indicator here. When Hist_Step_MA_Stoch and A Nina give signal simultaneously, the better. Do not trade if they give opposite signals.
TF: 30 minutes. Trade time: 08:00 to 18:00t
- FiboPiv_v2
- MAX Movin Average set at 50, 14, 2000, 2
- SDX-TZBreakout
- Camarilladt7 with L3, L4, L5 and H3, H4 and H5.
Standard or Level 1 signals
- Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be green.
- Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red. If price and Hist_StepMA_Stoch crosses are simultaneous, the better.
For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell.
Level 3 signals (riskier):
For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.
Level 4 signals (Take care):
Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap!
Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for the opposite. Something to take into account: Pairs to trade: EURUSD, USDCHF and GBPUSD. When bar opens more than 20 pips above/below EMA 50, the signal is riskier.
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always. FOCUS, PATIENCE AND DISCIPLINE. Graphics:
Download indicators
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