roziex
Active Member
- Messages
- 1,825
- Joined
- Oct 27, 2008
- Messages
- 1,825
- Reaction score
- 273
- Points
- 41
Standard or Level 1 signals:
• Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be green.
• Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red. If price and Hist_StepMA_Stoch crosses are simultaneous, the better.
Level 2 signals (riskier): For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell. Level 3 signals (riskier): For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.
Level 4 signals (Take care):
Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap!
Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for the opposite. Something to take into account: Pairs to trade: EURUSD, USDCHF and GBPUSD. When bar opens more than 20 pips above/below EMA 50, the signal is riskier.
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always.
SmartFx Trading System.rar
• Buy when price crosses EMA 50 and new bar opens above. Hist_StepMA_Stoch must be green.
• Sell when price crosses EMA 50 and new bar opens below. Hist_StepMA_Stoch must be red. If price and Hist_StepMA_Stoch crosses are simultaneous, the better.
Level 2 signals (riskier): For instance, when price is above EMA 50 with Hist_StepMA_Stoch in green. Price then opens one bar at least below EMA 50 and Hist_StepMA_Stoch keeps in green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating (green), we can buy. The opposite for a sell. Level 3 signals (riskier): For instance, we are in bullish mode: price above EMA 50 and Hist_StepMA_Stoch in green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red. We buy when price goes up again always validated by Hist_StepMA_Stoch that should change to green again.
Level 4 signals (Take care):
Level 4 is when price, after a consolidation of a few bars, breaks through the last high or low. The main thing we need is an indication of strength, and if we don't get it, it could be a trap!
Obviously, the breakout down should have Hist_StepMa_Stoch in red and green for the opposite. Something to take into account: Pairs to trade: EURUSD, USDCHF and GBPUSD. When bar opens more than 20 pips above/below EMA 50, the signal is riskier.
Do not buy/sell, for instance, EURUSD because GBPUSD has a signal. Wait for the signal to come in each pair you want to trade. Look at EURGBP, USDCHF and US Dollar Index always.
SmartFx Trading System.rar
