How to Combining Stochastic Oscillator indicator and Two SMAs – Best Forex intraday Strategy
Trading pairs: all Time – frame: from M15 and more Indicators: ATR (30) (Average True Range) with EMA 5 (5 – period Exponential Moving Average) ATR (14) (Average True Range) with EMA 4 (4 – period Exponential Moving Average) 30 SMA High 30 SMA Low Open long positions when the price has crossed both moving averages from below and ATR (30)EMA5. Open short positions: when the price has crossed both moving averages from above and ATR (30) EMA5. Stop Loss When going long, place Stop Loss at the level of 30 SMA Low; when going short – at the level of 30 SMA High. Closing of trades Close a trade if ATR (14) EMA 4 or place Take Profit whose value will be 3 times more than the value of Stop Loss.
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