• Short when price is below the 200 EMA in H4 and below 8,16,24 EMA in D1
• TP1 – RR 1:1.5 / TP2 – move SL to break even then trail profit
Indicators: Wavetrend Cross by Lazy Bear, H4 (200 EMA and 8 EMA), D1 (8,16,24 EMA), Trailing Stop Loss Multiple of ATR (period 14, ATR 1.5) (All Default settings)
*** This strategy also works well with Stock Indices (NASDAQ, SP500, US30, EU50, FR40, GER30, JPN225, and AU200.
• TP1 – RR 1:1.5 / TP2 – move SL to break even then trail profit
Indicators: Wavetrend Cross by Lazy Bear, H4 (200 EMA and 8 EMA), D1 (8,16,24 EMA), Trailing Stop Loss Multiple of ATR (period 14, ATR 1.5) (All Default settings)
*** This strategy also works well with Stock Indices (NASDAQ, SP500, US30, EU50, FR40, GER30, JPN225, and AU200.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.