46# Turbo Wave Profit
DSS of exponential moving average with Dema RH
Renko scalping trading in trend
Submit by Alex
Turbo Wave Profit is a simple trading system trend-momentum suitable for renko chart, but it's based on professional indicators as Dema RLH and DSS of exponential moving average. The main feature of this strategy is catch scalping trend.
Currency pairs: majors with low spreads.
You can apply also Martingale with range multiplier 1.4 -2.0.
Metatrader Indicators:
Dema RLH2 14 period, close.
Pro arrows
DSS of exponential moving average (stocastic 34, 9, 12).
Trading rules Turbo Wave Profit
Trades only in the direction of the main trend, find the tren on H1 chart.
Buy
Pro Arrows filtered by:
Dema RLH2 with green line above yellow and red line or price above the Dema (aggressive);
DSS with blue line.
Place stop loss on the previous swing low swing.
Exit position at the opposite arrow or with predetermined profit target.
Sell
Pro Arrows filtered by:
Dema RLH2 with green line below yellow and red line or price below the Dema (aggressive);
DSS with blue line.
Place stop loss on the previous swing high swing.
Exit position at the opposite arrow or with predetermined profit target.
In the pictures Turbo Wave Profit in action.
Share your opinion, can help everyone to understand the forex strategy.
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