Hi, I would like to share my trading strategy.
I use it with GBPJPY, USDCHF and GBPUSD. With the other pairs it's not well performing.
I use these indicators:
- 5 SMA
- 50 EMA
- Murrey Math Levels
- RSX
- MA of RSX
- Final Draft 3 Semafor Alert
You can find them attached to this post.
5 SME and 50 EMA are used only to spot support/resistance levels where we can have a change in the trend.
RSX is used to identify overbought/oversold situations (using 80 levels). The same fo Final Draft 3 Semafor Alert.
The used timeframe is 4H. Beware of other timeframes, because they are not well performing.
When you have an overbought/oversold situation with RSX, a signal from Final Draft 3 look for the nearest Murrey Math Level to go short/long.
Attached you'll find some picture to understand how this works.
ATTENTION --> To use this system you must take care of money management. We use 4h timeframe, so you could have some drawdown. I use this simple system:
LOTS = EQUITY / 10.000
For example with an equity of 1.000$ I will go short/long with 0.1 lots.
You can find me here on this thread or on MY BLOG, or, if you are Italian, SUL MIO BLOG.
I use it with GBPJPY, USDCHF and GBPUSD. With the other pairs it's not well performing.
I use these indicators:
- 5 SMA
- 50 EMA
- Murrey Math Levels
- RSX
- MA of RSX
- Final Draft 3 Semafor Alert
You can find them attached to this post.
5 SME and 50 EMA are used only to spot support/resistance levels where we can have a change in the trend.
RSX is used to identify overbought/oversold situations (using 80 levels). The same fo Final Draft 3 Semafor Alert.
The used timeframe is 4H. Beware of other timeframes, because they are not well performing.
When you have an overbought/oversold situation with RSX, a signal from Final Draft 3 look for the nearest Murrey Math Level to go short/long.
Attached you'll find some picture to understand how this works.
ATTENTION --> To use this system you must take care of money management. We use 4h timeframe, so you could have some drawdown. I use this simple system:
LOTS = EQUITY / 10.000
For example with an equity of 1.000$ I will go short/long with 0.1 lots.
You can find me here on this thread or on MY BLOG, or, if you are Italian, SUL MIO BLOG.
Attached File(s)
zappolo's template.tpl
11 KB
|
3,728 downloads
Magnified Market Price.mq4
1 KB
|
3,336 downloads
#MurreyMath-TimeFrame.ex4
29 KB
|
4,637 downloads
b-clock.mq4
2 KB
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2,864 downloads
Final Draft 3 semafor alert.mq4
14 KB
|
4,105 downloads
MA_of_RSX.mq4
4 KB
|
4,361 downloads
RSX.mq4
2 KB
|
4,754 downloads