Hi,
For the sequence of H4_M30_M5
USDCAD
DOWNTREND
H4: Downtrend
M30: Entry
1) Wait for price close above the 5 EMA(H1) of the high and confirmed by
2) CCI(H1) closes above +100 level (OB area)
3) SELL when CCI(H4) is below 50 level confirmed by
4) RSI(M30) is RED
M5: Entry
1) Wait for price close above the 5 EMA(H1) of the high and confirmed by
2) CCI(H1) closes above +100 level (OB area)
3) SELL when 5/10 EMAs cross down (RED) confirmed by
4) CCI(H4) is below 50 level
5) AO is above the zero level then paints RED ( Very important. Because we want to enter a trade when the price starts to decrease)
SL@the most recent high
TP@the same amount of SL or up to you
Sai Ram
For the sequence of H4_M30_M5
USDCAD
DOWNTREND
H4: Downtrend
M30: Entry
1) Wait for price close above the 5 EMA(H1) of the high and confirmed by
2) CCI(H1) closes above +100 level (OB area)
3) SELL when CCI(H4) is below 50 level confirmed by
4) RSI(M30) is RED
M5: Entry
1) Wait for price close above the 5 EMA(H1) of the high and confirmed by
2) CCI(H1) closes above +100 level (OB area)
3) SELL when 5/10 EMAs cross down (RED) confirmed by
4) CCI(H4) is below 50 level
5) AO is above the zero level then paints RED ( Very important. Because we want to enter a trade when the price starts to decrease)
SL@the most recent high
TP@the same amount of SL or up to you
Sai Ram
Attached File(s)
MDTS_test.tpl
8 KB
|
173 downloads
MDTS_test.rar
160 KB
|
163 downloads
Being a fxtrader is not easy. Ones must working hard.
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