Forex Strategy «SaRa»

Forex Strategy «SaRa» is based on the classic rules of trade support and resistance levels, and the complex calculations strategy does not require, and to determine the levels themselves can use the auxiliary display (you can download it at the end of the strategy).

The strategy uses one of the main rules of trade in the markets, «Inside Trend sample next level opens the way for the continuation of the movement.» The trend also do not have to define yourself, as this will make for us an indicator RSI.

For trade I recommend to choose one of the brokers: FxPro or Alpari (adds 50% deposit)

Some statistics:
Over the past nine months (2015) showed the result of a strategy in the area of ​​1300 points (4-digit quotations), which is an average of about 140 points per month. Drawdown did not exceed 120 points. But the test is passed only currency pair EUR / USD.

The currency pair — EUR / USD, GBP / USD, USD / CHF. The last two pairs should be further verified.

The time interval for trade — H4. Author strategy also allows its use on a daily interval.

Indicators used in the forex trading strategy «SaRa»:

1) Support and Resistance (available for download at end of article).

2) RSI 14 period and set levels 40 and 60.

Terms and conditions for purchases of forex strategy «SaRa»:

Forex Strategy «SaRa»
1) The RSI is above its level of 60, indicating that there is an uptrend in the market.

2) The next candle breaks up the last resistance level (drawn indicator S & R as red diamonds) and closes above.

3) At the opening of the next candle should be to strike a deal on the purchase.

4) Stop-loss is 40 points.

5) After passing the 45 points in the positive zone trade should be transferred to breakeven.

6) After reaching 80 points, a positive stop is set at a level 20 points. Then after each 10 points, pulled to a stop at the same distance.

7) Take-profit is 120 points.

Public order does not prevent opening another transaction in the same direction, provided that a new signal is received, no relation to the previous signal.

The third row is better to open the signal has reduced lot.

Conditions for the sale of the Strategy «SaRa»:

Strategy «SaRa» - sale

1) The RSI is below its level of 40, suggesting that there is a downtrend in the market.

2) The next closed down last candle breaks the level of support (drawn indicator S & R in the form of horizontal blue diamonds) and closes below.

3) At the opening of the next candle this range, you should conclude a deal to sell.

4) Set the stop loss at 40 points.

5) After passing the 45 points in the positive zone, open the deal should be transferred to breakeven.

6) After reaching the profits — 80 points, positive stop-loss order is set at a distance of 20 points from the entry point. Then after each 10 points, pulled to a stop at the same distance (10 points closer to the price).

7) Order profit — profit target set at a distance of 120 points.
Public order does not prevent opening another transaction in the same direction, provided that the new signal is received, no relation to the previous signal.

The third order in the same direction on the signal, it is better to open the already reduced lot (for reinsurance).

Download forex indicator — Support and Resistance (archival)
Download template MT4 — sara (as in the archive)

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