The strategy is based on the indicator % R / Williams Precenag Range /, which will help determine the beginning or changing trend, a moving average will give us input on the forex market.
Levels% R -10 or -90% in are important to this strategy because when light enters these levels, the trend is strong and we can see spikes.
Timeframe: All
Currency Pairs: All
Indicators:
25 SMA (SMA = moving average)
% R (200) (% R = Williams Percent Range)
Buy signal
When the% R is the zone oversold (values of -80 and -100)
Price open a candle above SMA
Sell signal
When% R e overbought zone (values of 0 and -20)
The price opens below the SMA
Close the position when the indicator slid to the opposite side of the opening ie Shor% R / zone 0 -20 / close% R / zone -80 -100 //
Another output that can be used in this strategy is when the candle SMA crosses below zatvryame up short. Close the long position when the candle SMA crosses upside down.
Keep your transactions protected by stops, about 2% of the price.
Use trailing stop to protect profits and always conformed to the levels of support and resistance.
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Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.