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Before the beginning of this trading system it is recommended to read previously the clause “the Education guidance of pin bars”.
Good Pin should have a bar:
- A long nose ( in comparison with a body ).
- it should stand out very much forward.
- Opening and closings of pin should be nearby. Pin bar looks approximately here so (more…)
Timeframe: M30-H1.
Trading pairs: GBPUSD, GBPJPY and other at will.
Used indicators:
- SMA with parameter 9.
- SMA with parameter 100.
- RVI with parameter 100.
Trade technique (more…)
Forex trading strategy “1D simple strategy“
Time frame: D1- daily.
Currency pairs: any.
Indicators: RSI – 8, EMA – 8 on RSI window, ATR – 20 on RSI window, EMA – 28 on main window, Monthly Pivot. Use the EMA-28 to determine the trend direction on the daily chart.
Long entry rule (more…)