Click on the image to enlarge
Click on the image to enlarge
Rules Long positions :
Please refer to diagram.png
Stop Loss :EUR/USD 50 pips, GBP/USD 65 pips, USD/JPY 65 pips, GBP/JPY 80 pips
Take Profit : open
Trailing Stop: EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 40 pips, GBP/JPY 50 pips
Exit with All Conditions Short :
Rules Short position :
Please refer to diagram.png
Stop Loss :EUR/USD 50 pips, GBP/USD 65 pips, USD/JPY 65 pips, GBP/JPY 80 pips
Take Profit : open
Trailing Stop: EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 40 pips, GBP/JPY 50 pips
Exit with All Conditions Long
Click on the image to enlarge
Click on the image to enlarge
Timeframe:
All timeframes,
Currency Pairs:
Major pairs such as the EUR/USD and the GBP/USD.
Indicators:
1. Bollinger Bands (20,3)
2. 3 period Exponential Moving Average (EMA)
3. Moving Average Convergence Divergence (MACD) – 6,17,1
4. 14 period Relative Strength Index (RSI)
