Profit is on the other side of your mind
- #1,504
- Edited 9:39am Sep 23, 2023 8:57am | Edited 9:39am
- Joined Dec 2012 | Status: Trader | 4,714 Posts
i see this thread today ... intresting .... if i follow the thread .... i will follow the trend as SS above ... even 1 setup sell for 3 days monitoring setup to reduce false signal from setup
RULES
- NO Trolls.
- NO discussion of other non related systems.
- NO discussion of commercial materials (Brokers, Paid Products, etc)
- NO attacking and disrespecting other members.
- You can add tweaks to the system, but NOT change the Main Concept!
- Sharing other indicators not related will be ignored.
- This group focus on manual leaning approach, automation is not the strategy
- Using the thread as means in getting monetary benefits like donations
RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE!
Timeframes
M1, M5 or M15
Buy Rules
1. Daily candle is Green
2. RSI is above 50
3. MFI is above 50
4. Uptrend (7 EMA is above 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from highest swing
7. Wait for price to break above trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)
Sell Rules
1. Daily candle is Red
2. RSI Filter is below 50
3. MFI Meter is below 50
4. Downtrend(7 EMA is below 20 EMA)
5. Price pullback inside 7 and 20 EMA
6. Draw TrendLine from lowest swing
7. Wait for price to break below trendline and bar is closed
8. Set your SL/TP (From 10 to 30pips)
thanks for shared this system Bro....
The Average Discount Everything
