695# Fiji Strategy
Reversal trend trading
Submit by Varsi 29/07/2016
Fiji strategy is a reversal-trend strategy based on fiji indicators and heiken ashi.
This strategy works with range market, short trend and medium trend. When the market is very trending, this strategy falls.
The indicator fiji trend is modified for MT4 600+.
Time frame 15 min or higher.
Financial market: any.
Metatrader indicators:
Heiken Ashi;
Spread and time;
Fiji BB (20, 2);
Fiji trend ( ma 5, atr 11, Kv 1.3, money risk 0.15).
In the folder there is also auto pilot EA.
Fiji Strategy
Buy
When appears the white dot below the lower band wait the buy arrow of the Fiji trend with heken ashi white bar.
Sell
When appears the white dot above the upper band wait the sell arrow of the Fiji trend with heken ashi red bar.
Exit position
Place initial stop loss above/below the band.
Profit target on the middle band or with predetermined profit target.
In the pictures Fiji Strategy in action.
Share your opinion, can help everyone to understand the forex strategy
Tommy (Thursday, 19 October 2017 13:00)
No repaint.
Kogo (Tuesday, 17 October 2017 21:03)
Fiji indicator repaint ????
Obasan HOS (Sunday, 31 July 2016 12:15)
Good work