6960+ Pips Profit!

We've got in a year 2017
Free FOREX Signals
 

Forex Broker AVA Trade

Relaible partner for Traders.
Start trading now!

 

Forex Brokers Rating

Only best Brokers on our website
with honest Rank!

FOREX Advertising

On LiNSTR.com

Forex strategy "1D simple strategy"

Time frame: daily
Currency pairs: any

Indicators: RSI(8), EMA(8)on RSI window, ATR(20)on RSI window, 28EMA on main window, Monthly Pivot

Use the 28EMA to determine the trend direction on the daily chart.

Long entry rule

RSI must cross from below to above EMA(8)
Enter when a new candle opens and the RSI is still above the 8 EMA

Short entry rule

The reverse of above.

Stop loss: 75% of the value of the ATR(20)
take profit: use resistant and support of Fibonacci or the monthly pivots (let the profits run).

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

Fell free to contact us with 
admin@linstr.com

FOREX Advertising

 

 
© 2009-2016
LiNSTR.com