Well I only checked 2 pairs for your method here, and gave up as they both would have lost significantly using this method (at least as I understand it). For instance, EUR/AUD would have lost big.
Possibly you mean sell when the price action cross "resistance" downward, and buy when it crosses support upward? If doing it the conventional way, selling when price reaches resistance from the bottom, on EUR/AUD today, would have been not good.
Possibly you mean sell when the price action cross "resistance" downward, and buy when it crosses support upward? If doing it the conventional way, selling when price reaches resistance from the bottom, on EUR/AUD today, would have been not good.
DislikedIf you cant afford Andrew's subscription service (i cant think why) then you can try the following.
Sell at resistence being Previous_Monthly_High + Previous_Weekly_High + Previous_Daily_High / 3 and Stoch(7,3,3) > 80 and Stoch(14,3,5) > 80
Buy at support being Previous_Monthly_Low + Previous_Weekly_Low + Previous_Daily_Low / 3 and Stoch(7,3,3) < 20 and Stoch(14,3,5) < 20
Scoobs.Ignored