10 Pips A Day Forex Trading System | Indicators, Setup, Entry And Risk Management All Outlined

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Добавлено 3 года назад от ПАВЕЛ fx

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10 Pips A Day Forex Trading System

Time Frame: M5
Indicators Needed

OGT ADR Indicator
OGT RSI MTF Indicator
LWMA MACD

Indicators Settings Settings

ADR Indicator
- ATR Period: 15
- ADR Alert %: 100
- ADR Alert Email/Push/Popup: True

RSI MTF Indicator
- RSI Period: 14
- RSI Price: Closed Price
- OB Level: 70
- OS Level: 30
- TF Type: Higher
- TF Quantity 1

MACD
- 12,26,9 (default)

Setup

1) ADR reached 100% for the day
2) RSI OB/OS on current and + 1 TF (up/down arrows)

Entry

- Wait for price to close above/below last MACD cross
- If no close above/below last MACD cross before NY close - NO TRADE

Stop Loss/Take Profit

- Stop loss above/below recent high/low
- Take Profit minimum 1:1 Reward:Risk
- If TP/SL not hit after NY close - CLOSE TRADE

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