Posted Tuesday, November 15, 2016
Last Active: Thursday, July 12, 2018
Preferred currency pair is GBP/USD.
The strategy operates with two different timeframes: H1 and H4.
The strategy opens a Sell position if:
- RSI indicator moves out of overbought zone;
- After that Stochastic’s Signal line crosses the main line from below;
By default, the strategy places Trailing Stop order (at 40 points distance) and sets Limit at 80 points level.
- RSI indicator moves out of oversold zone;
- After that Stochastic’s Signal line crosses the main line from above;
- Position opens only on the new candle if all conditions are met.
- Strategy operates with only one position opened by it per selected instrument
-ACTFX© Forum Administrator