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 The Anti Forex

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fxpulsation




Posts : 8759
Join date : 2012-01-25

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PostSubject: The Anti Forex   The Anti Forex Icon_minitimeFri Apr 20, 2012 11:58 am

The Anti Forex

Pairs:Major
Time frame: 5M.
Spread max:0,0001.
Setup: On 5 minute bars, we use a 7 period slow stochastic indicator, with a 10-period moving average of it to act as a trend filter.

Entry: Buy at market when the 7-bar stochastic indicator crosses above its own upward sloping 10- bar period moving average line on the close of any 5 minute time-period;
Sell at market when the indicator crosses beneath its own downward sloping 10-bar moving average line on the close of any 5- minute time-period.

Profit Exit: Close out for profit at a 8 pips.


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