156# Intraday War Pips
MACD , %Williams Strategy
Trend Momentum Strategy
Intraday War Pips is a trend momentum strategy which generates highly profitable trading signals to be a trend strategy, then when the trading does not hit the target it immediately reverses the position therefore very flexible and effective. This strategy was designed to be a winner on intraday.
Setup Strategy
Time Frame 30 min and 60 min ( also 15 but earlier time frames are recommended).
Currency pairs: major.
Platform for trading :any.
Indicators setting
Simple moving average 150 period, close.
Pivot points levels daily.
Macd (24, 48, 9).
%Williams (28 or 32 periods).
Trading rules Intraday War Pips
Trade in the direction of the main trend.
Price above 150 MA trend up.
Price below 150 MA trend down.
Buy
Price above 150 MA.
MACD >0 line.
%Williams above -25 level.
Sell
Price below 150 MA.
MACD <0 line.
%Williams above -75 level.
Exit position
Place initial stop loss 5- 10 pips below/above the previous swing high/low or below above the MA or Reverse Position withot stop loss.
Profit T<arget at the poivot points levels. Good choice at the first level.
Examples of trades.