Forex Strategy «A new method Sidus» — for trade is better to choose a time period as high as possible, at least better than to trade on the hour intervals, although the strategy works even better on the range H4.
Before examining this strategy — I recommend to recall an earlier version of forex strategy «Method Sidusa»
On the schedule for the chosen currency pair (which can be any), you must set the following indicators forex:
- Exponential Moving Average EMA (18), on closing prices (close) — the color yellow.
- Exponential Moving Average EMA (28), on closing prices (close) — the color yellow.
- These moving averages on a chart form the «tunnel».
- Forex Indicator RVI (Index of relative vigor) with a period of 100 (the color red and blue).
Transactions for the BUY of Strategy «A new method Sidusa:
The deal opens when the blue line indicator forex RVI crosses the red line from the bottom up of the same indicator of RVI, and after confirmation of this happening on the chart — the intersection of the middle yellow tunnel.
Opening transactions for the Sell of forex strategy «A new method Sidusa»:
The deal opens up for sale if the blue line indicator forex RVI crosses down the red line of the same indicator of RVI, and after confirmation of this happening on the chart — the intersection of the middle yellow tunnel.
Important note: Do not forget to look at the main trend RVI — if you notice the signal to open the transaction for the purchase and RVI indicator pointing up, the probability of the conclusion of a profitable trade is increasing.
Stop-loss orders in the forex strategy best place for the next local min and max.
Closing of trade positions:
Commercial transaction does not close until until a reverse trading signal for the currency pair. Particular attention should be paid to the internal crossing (or contraction) formed of moving averages «yellow tunnel» that will say that the current trend in the market, most rapidly loses its strength and its probable spread.
I recommend for sure to use the trading trailing stop. You should not take risks for each concluded transaction more than 2-4% of the deposit.
Necessarily, in concluding deals — Wait for the confirmation of trade signal!
- Download forex indicator for MT4 — RVI.mq4
- Download a template for MT4 — sidus_new.tpl
