Pairs Recommendation
EURUSD, USDCHF and GBPUSD.
Indicators
EMA 50
EMA 120
Hist_Step_MA_Stoch_KV1_Ex_03
FiboPiv
Catfx50
TSR (Daily Range Calculator)
Buy
Sell
- When price crosses EMA 50 and new candle opens above, Hist_StepMA_Stoch must be Green.
- Price opens one candle at least below EMA 50 and Hist_StepMA_Stoch keeps in Green mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating Green mode.
- Trend in bullish mode, price above EMA 50 and Hist_StepMA_Stoch in Green. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening below it. Hist_StepMA_Stoch changes to red, and price goes up again validated by Hist_StepMA_Stoch change to Green again.
- After a consolidation of a few candle, breaks through the last high or low, and Hist_StepMa_Stoch in Green mode.
Sell
- When price crosses EMA 50 and new candle opens below. Hist_StepMA_Stoch must be Red.
- Price opens one candle at least below EMA 50 and Hist_StepMA_Stoch keeps in Red mode. When price opens again above EMA 50 with Hist_StepMA_Stoch validating Red mode.
- Trend in bullish mode, price below EMA 50 and Hist_StepMA_Stoch in Red. Suddenly, price goes down crossing or without crossing EMA 50 and obviously without opening above it. Hist_StepMA_Stoch changes to green, and price goes down again validated by Hist_StepMA_Stoch change to Red again.
- After a consolidation of a few candle, breaks through the last high or low, and Hist_StepMa_Stoch in Red mode.
Hist_StepMA_Stoch is the main indicator. If Hist_StepMA_Stoch and Catfx50 give signal simultaneously are better. Do not trade if they give opposite signals. When candle opens more than 20 pips above/below EMA 50, the signal is riskier.