300# HMA and SMI Trading System
HMA rnp with Stochastic Momentum
Submit by Nico 10/02/2012
Time Frame 4H or daily.
Currency pairs: all.
Indicators:
HMA,
Stochastic momentum
Open a deal to Buy as soon as the line of the indicator rising HMA (colored in green) and SMI indicator crosses its signal (dotted) line from the bottom up, under these conditions, the indicator forex SMI should not be in overbought condition (be higher 70). If it is currently higher than 70, then the transaction must be concluded, after it falls below this level.
Starting a safety stop-loss should be placed under a local minimum.
When the profit of 100-150 points -stop-loss at break even.
The deal closed when the reverse lights.
For SELL - opposite conditions.
Share your opinion, can help everyone to understand the forex strategy.
