202# Centre of Gravity And Stochastic
Submit by JanusTrader 31/03/2012
Indicators:
Centre of Gravity (190 bars back);
Stochastic High (5, 3,3)
Rules:
Long Entry: - when the price breaks lower line Gold and stochastic go up from oversold area.
Short Entry: - when the price breaks upper line Gold and stochastic go down from overbought area.
Profit Target The Blue line or the first green line.
Stop Loss 5 pips below or above the Gold line.
Share your opinion, can help everyone to understand the forex strategy.
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Write a comment
diaashipping@gmail.com (Saturday, 30 March 2019 14:28)
Hi
what about the green line, because sometimes prices do not reach the golden line.
I am using it for Daily EURUSD
Rob (Saturday, 30 March 2019 20:29)
It depends on the price fluctuations, the greater the probability of reaching the extremes of the multiple regressive model.