305# Forex LukeB Strategy
Submit by Janus Trader ( Written by LukeB) 17/02/2012
Time frame daily (4H maybe ok.dont use other tfs)
indicator 1 EMA 365 (above bulls and below bears as you know).
indicator 2 zigzag to find stop loss (default settings)
indicator 3 Forex LuKeB with arrow alert(designed by LukeB)
simple rules---->(1)if price action is above the ema only consider the green buy arrows.
(2)if price action is below the ema only consider the red sell arrows.
(3)stop loss-->recent high/low of zigzag.(some
times use the same ema)
(4)take profit-->it is up to you.(half of sl,same as sl or1.5x of sl etc.)
(5)use your own money management rules.
Share your opinion, can help everyone to understand the forex strategy.
TzwSVsOw (Tuesday, 10 January 2023 08:42)
20