Nice, simple system you got here.
Could I use it on a Daily timeframe? Would I have to adjust any of the indicators to make it work?
Could I use it on a Daily timeframe? Would I have to adjust any of the indicators to make it work?
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DislikedHi everyone i want to share my idea for a new trading system. i hope this thread havent been started yet.
Indicators:
Bollinger Bands(20,2)
Fractals
RSI(9)
Okay the rules for short entry:
Candle closed outside the BB, RSI is overbought and Fractals up should appear. Vice-versa for long entrys.
Exit:
When price touches the other BB Band or an Down-Fractals appears.
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