csa1234 Posted January 11, 2016 Report Share Posted January 11, 2016 (edited) Ok guys, im giving away my strategy which has been very profitable to me, im offering it here and posting so i can get someone to code it on an EA so we can all take profit of it. Here it is: Use only on GBPJPY (wont work on GBPUSD or any other) Currency: GBPJPY Timeframe: 1 hour (can be used on 30 min for earning entry), but for my experience 1 hours is safer Indicators: RSI 7 levels 25 and 75 Stochastic 5,3,3 levels 25 and 75 Sell entry: If I have strong up trend and my Stoch and RSI are overbought, and we have down trend candle (black candle) close at the middle of the last (in this case white one) I enter my trade. Sell when RSI and Stoch are bought or they are close to overbought (75) line, and we have down candle which has closed at least at the middle of the last up candle. Buy entry: If I have strong down trend and my Stoch and RSI are oversold, and we have up trend candle (white candle) close at the middle of the last (in this case black one) I enter my trade. Stop loss: 15 pips - 20 pips (i use 15) Take profit: Fixed 30 pips or go to 30 min timeframe and wait till stochastic give oposite signal http://s11.postimg.org/h1qugjper/teodosi_simple_system.png subir foto Edited January 11, 2016 by csa1234 tyt1 and franz 2 Quote Link to comment Share on other sites More sharing options...
tyt1 Posted January 18, 2016 Report Share Posted January 18, 2016 thanks. look nice! Quote Link to comment Share on other sites More sharing options...
hermes Posted January 24, 2016 Report Share Posted January 24, 2016 Ad 8 EMA to show trend direction slope instead of the BB. Hermes Quote Link to comment Share on other sites More sharing options...
franz Posted January 31, 2016 Report Share Posted January 31, 2016 Ok guys, im giving away my strategy which has been very profitable to me, im offering it here and posting so i can get someone to code it on an EA so we can all take profit of it. Here it is: Use only on GBPJPY (wont work on GBPUSD or any other) Currency: GBPJPY Timeframe: 1 hour (can be used on 30 min for earning entry), but for my experience 1 hours is safer Indicators: RSI 7 levels 25 and 75 Stochastic 5,3,3 levels 25 and 75 Sell entry: If I have strong up trend and my Stoch and RSI are overbought, and we have down trend candle (black candle) close at the middle of the last (in this case white one) I enter my trade. Sell when RSI and Stoch are bought or they are close to overbought (75) line, and we have down candle which has closed at least at the middle of the last up candle. Buy entry: If I have strong down trend and my Stoch and RSI are oversold, and we have up trend candle (white candle) close at the middle of the last (in this case black one) I enter my trade. Stop loss: 15 pips - 20 pips (i use 15) Take profit: Fixed 30 pips or go to 30 min timeframe and wait till stochastic give oposite signal http://s11.postimg.org/h1qugjper/teodosi_simple_system.png subir foto Hi csa1234 , thanks very much for sharing your very good system . Please , what is the setting of Bollinger Band in your screenshot ? Thanks ! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.