THis is a very simple yet extremely efficient FOREX strategy . In general it tends to work the best against NZD and AUD pairs, however other major pairs and crosses can work as well.
It's made of a time management, together with MACD , moving average , a price action rule and a risk management.
THe logic behind is the next one : For LONG:
We have 3 ascending candles. Histogram of MACD is positive. Last close of a candle is was above moving average. If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade.
For Short:
We have 3 descending candles. Histogram of MACD is negative. Last close of a candle is was below moving average. If all those previous condition happened before 17/18 UTC time depending if its summer time or not, we enter the trade.
RIsk management For risk management, since we aim to have a 95%+ win rate, we aim to have a 5:1 or 10:1 risk to reward ratio. Meaning that for each $ we can win, we can lose 5-10$. THats why I recommend to be extremely careful when playing with leverage with this strategy.
Siguiendo el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan conocerlo y verificarlo. ¡Un brindis por el autor! Puede usarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en publicaciones se rige por Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.