577# Winning Strategy
RSI, Stochastic, WPR Obos Zone trading
RSI, Stochastic, WPR, Obos Zone trading
Submit by HS410 Winning Strategy is a trend momentum intraday strategy based on RSI_STO_WPR__
OBOS_Zone3c and Fractals - adjustable price breakout _mtf+alerts nmc indicators.
This strategy is very clear for trading decisions. It's suitable also for beginners.
Time Frame 1 min. Currency pairs: majors with low spreads. This strategy works well even at high time frames Metatrader 4 indicators Fractals - adjustable price breakout _mtf+alerts nmc; RSI_STO_WPR__OBOS_Zone3c 16, 30, 3; Stochastic oscillator 16,15,3; Heiken Ashi Ma T3 new 2; TotalPips; indicator. Trading Rules winning Strategy trading Buy Arrow buy of Fractals - adjustable price filtered by RSI_STO_WPR__OBOS_Zone3c <=45 Stochastic oscillator <=40 Sell Arrow buy of Fractals - adjustable price filtered by RSI_STO_WPR__OBOS_Zone3c <=55 Stochastic oscillator <=60 The advantage of this strategy is that in sideways market works good. Exit position at opposite signal or with predetermined profit target with ratio 1.20 Place initial stop loss on the previous high/low swing.
Money management, trade with 2 % risk of account. Only one trade should be allowed at any time.
In the pictures winning strategy in action.
Share your opinion, can help everyone to understand the forex strategy.
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Hans (Thursday, 20 April 2017 13:12)
This strategy is also good at higher time frames.
Thanks for share.
Paul (Friday, 21 April 2017 01:30)
I have tested it on the majors only. It is profitable on volatile pairs (majors as GBP/USD, USD/JPY).