Hi everyone! I found an interesting trading strategy on the internet. I’ve been using it for two weeks, and the results are quite good. I’d like to share it with you and hear your opinions. Maybe we can add another indicator or tweak something. I’m waiting for your feedback.
Let me briefly explain how to trade using it. We wait for the highest or lowest level — it doesn’t matter which. This level is marked with a bold dotted line. Then, a colored circle should appear above the candle. On the next candle, an arrow appears showing the direction to enter the trade.
There’s also a volume indicator below — we check the volumes too. If everything aligns, we enter a trade in the candle’s direction for 5 minutes, and also in the opposite direction. That’s a short explanation of how I understand it.
I’ll attach a link to a video where a person explains it in more detail and professionally. I also noticed it’s very important to consider economic news — don’t enter trades 15 minutes before or after a news release. The opening and closing of trading sessions should also be avoided, for about 30 minutes.
That’s how I’ve been trading, following all these rules. Please write your comments — let’s make this strategy even better together!
Let me briefly explain how to trade using it. We wait for the highest or lowest level — it doesn’t matter which. This level is marked with a bold dotted line. Then, a colored circle should appear above the candle. On the next candle, an arrow appears showing the direction to enter the trade.
There’s also a volume indicator below — we check the volumes too. If everything aligns, we enter a trade in the candle’s direction for 5 minutes, and also in the opposite direction. That’s a short explanation of how I understand it.
I’ll attach a link to a video where a person explains it in more detail and professionally. I also noticed it’s very important to consider economic news — don’t enter trades 15 minutes before or after a news release. The opening and closing of trading sessions should also be avoided, for about 30 minutes.
That’s how I’ve been trading, following all these rules. Please write your comments — let’s make this strategy even better together!
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Attached File(s)
