This strategy use trendline to entry. Trendline be drawed from Pivots High/Low.
Entry Long: When price break up trendline.
Entry Short: When price break down trendline.
Risk:Reward setup is 1:1.
You can backtest with whichever pair and whichever timeframe.
I backtested:
- If scalping: should use timeframe 5m, set up SL, TP is 2%.
- If swing trade: should use...
This strategy is based on 3 main indicators.
1st indicator is a trend indicator, which consists of SMA and EMA
2nd is Keltner Channel
3rd is DM indicator.
The conditions for the entry of this strategy are following:
First of all the assets need to be in an upward trend, this will occur when the EMA will cross SMA. The next condition for the entry is the...