680# Absolute Non lag Ma with Stochastic Drake
Drake Delay Stochastic trading
Submit by Ferdinand 30/03/2016
Absolute Non Lag Ma with Stochastic Drake Delay is a trend momentum strategy very simple based on two indicators. This trading system is for swing trading.
Time Frame 30 min or higher.
Financial markets:any.
Metatrader Imdicators:
main chart
Absolute Non Lag Ma (period 3);
Exponential moving average ( 5 period);
Sub window
Stochastic Drake Delay with smoothed moving average (3 period),
(SLW 5.0 PDS 3.0 slow signal 1.0).
Absolute Non lag Ma with Stochastic Drake trading rules
Long entry
Absolute Non Lag Ma (period 3) is above exponential moving average ( 5 period);
Stochastic Drake Delay is in oversold zone or touches the oversold zone and crosses upward.
Short Entry
Absolute Non Lag Ma (period 3) is below exponential moving average ( 5 period);
Stochastic Drake Delay is in oversold zone or touches the oversold zone and crosses upward.
Exit positions when Absolute Non Lag Ma (period 3) crosses in opposite direction the 5EMA. Place initial stop loss on the previous swing.
Tip: The best time frame for this strategy are 1H and 4H.
This strategy works well both in range and in trending markets.
In the pictures Absolute Non lag Ma with Stochastic Drake in action.
Interpretation of Absolute Non lag Ma with Stochastic Drake with Support and Resistance verified zone
above verified support only buy
below verified resistance only sell
Share your opinion, can help everyone to understand the forex strategy
Freddy (Wednesday, 30 March 2016 20:23)
Hi Ferdinand , very good system .
Please , what is the TakeProfit ?
thanks !