This is a system I am working on for a few weeks. (LIVE ACCOUNT)
Indicators; PZDaytrader (default settings)
Osma (default settings)
RSI (set to 14 with only 50 level shown)
Alligator (default settings with the shifts set to 4, 2, 1 [top down])
This can be used on any TF with any pair.
I am using 4hr presently.
I am trading for a 1:2 risk/reward, optionally you could open 2 trades and close one after 1:2 and keep the other going...setting both to BE after 1:1.
Here are some closed trades. If you add up the wins and losses (omitting the USDJPY @ $1.25) you get +7 (-1 for a loss and +2 for a win). This does not include any BE or any double trades.
Here is a video explaining the mechanics
Indicators; PZDaytrader (default settings)
Osma (default settings)
RSI (set to 14 with only 50 level shown)
Alligator (default settings with the shifts set to 4, 2, 1 [top down])
This can be used on any TF with any pair.
I am using 4hr presently.
I am trading for a 1:2 risk/reward, optionally you could open 2 trades and close one after 1:2 and keep the other going...setting both to BE after 1:1.
Here are some closed trades. If you add up the wins and losses (omitting the USDJPY @ $1.25) you get +7 (-1 for a loss and +2 for a win). This does not include any BE or any double trades.
Here is a video explaining the mechanics
Inserted Video
