22# Swinger Trading System
Submit by Forexstrategiesresources
Pair: all.
Time Frame: 15 or higher.
Indicators:
34 EMA (exponential moving average);
11 EMA (exponential moving average).
DSS Bressert (8, 13) with 3 WMA levels (80 20)
Entries
a)When the trend is up (21EMA>50EMA) If the oscillator DSS is in oversold zone and is greater than it was one bar ago, and the close is above the moving average, then buy on the open of the next bar;
b)When the trend is down (21EMA<50EMA) If the oscillator DSS is in Overbougth zone and is less than it was one bar ago, and the close is below the moving average, then sell short on the open of the next bar.
Share your opinion, can help everyone to understand the forex strategy.
Niklas S. (Sunday, 02 August 2015 00:04)
Where should be the tp or the profit target ? Because i want to open some positions and then i want to go away from my computer. Is there a safe target that is easily to reach on every position ?