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Forex strategy "Parabolic + HMA"

Indicators: HMA set to 40
Parabolic Sar (default)

Time Frame: 15mins
Currency pairs: eur/usd and eur/jpy

Rules: for buy entries, the Hma must change to green and the Sars should be under the candle. TP should be 50pips to 100pips while stoploss should be when you have a reverse signal.

For a sell order, the HMA should change to red and the Sars should be on top of the candle.

Both indicators need not change at the same time,just ensure you enter a trade when both are saying the same thing.

 

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

 

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