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Forex Strategy «FX Prime»

This strategy is based on several indicators, such as Fibo, DoublecciWoody, Pivot, Heiken_Ashi_Smoothed, EJ_CandleTime, CCI, RCI. Volume of transaction depends of a trader’s deposit. Usually it is 3-5% of acceptable risk for each trader’s transaction. The author suggests, that due to this strategy trading should be between 9:00 and 17:00 Moscow Time.

User should open a deal to buy if:

1.        Indicator SCI 170 is located above zero line. It should show that the trend is up; 

2.        CCI indicator 34 should be also above the zero line and show the direction of the trend up;

3.        Meanwhile, the RSI should show over 55. Author underlines, that this is sharply important. User should not open the bargain, if the indicator RSI shows 45-55. Trading in this area is very dangerous.

Due to this strategy, user should never trade against 5-minute trend. Over wise, trader should keep the price at the direction of the trend up.

 

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

 

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