THE INDICATORS:
rsi 14 (for longer mover) +
+ on the same window
rsi 5 +
stochastic 5,3,3
ema 30 and ema 40(u can play white thise )
THE SETUP:
A.WHEN THE PRICE ON A RANGE
entry:
you need bout the rsi 5 to be on 22 for long 82 for short and stochastic 20 or 80 , thets must to be on the same time or close.
exit:
once the rsi 5 over the bondery and start revers u close the trade.
entry:
rsi 14 ---- speak for himself no need any confomation once you heve 30 go long 70 go short.
exit:
from 30 to 70 and from 70 to 30 on the osilator.(if you heve indication thet teling to close the trade not relatet to the rsi do it .)
B.TRANDING PRICE:
FLOT AN EMA 30 ,40(OR WHAT EVER YOU WHANT)
according to the ema if there is a trend , you go only for short or only for long.
p.s:one can also use sup&res to find the range.
(sory for my speling english are not my main lunguch)
//////looking for your comments///////
edit: preferd trading time---london and newyork
rsi 14 (for longer mover) +
+ on the same window
rsi 5 +
stochastic 5,3,3
ema 30 and ema 40(u can play white thise )
THE SETUP:
A.WHEN THE PRICE ON A RANGE
entry:
you need bout the rsi 5 to be on 22 for long 82 for short and stochastic 20 or 80 , thets must to be on the same time or close.
exit:
once the rsi 5 over the bondery and start revers u close the trade.
entry:
rsi 14 ---- speak for himself no need any confomation once you heve 30 go long 70 go short.
exit:
from 30 to 70 and from 70 to 30 on the osilator.(if you heve indication thet teling to close the trade not relatet to the rsi do it .)
B.TRANDING PRICE:
FLOT AN EMA 30 ,40(OR WHAT EVER YOU WHANT)
according to the ema if there is a trend , you go only for short or only for long.
p.s:one can also use sup&res to find the range.
(sory for my speling english are not my main lunguch)
//////looking for your comments///////
edit: preferd trading time---london and newyork
Attached Image (click to enlarge)
Iam just A pips on the rode :nerd:
