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.