Discusión Life Mild

Forex Strategy 'Sky Dart'

General method for opening a position :
* Watch the bar chart (candle chart 30M)
* When the signal approaches, switch to 15M and carefully open the position
* Next return to 30M


The 'buy” signal :
* FX Sniper’s lines cross
* CCI raises above zero and the dot on line LSMA is green
* Waddah Attar – the green line of the histogram crosses the yellow signal line from below, the yellow line is above the blue broken line; even better if the yellow line is rising.

Closing a position :
* FX Sniper’s lines cross and generate a 'sell” signal, or both FX Sniper’s lines cross CCI-34.
* The green line of the histogram hids underneath the yellow signal line


The 'sell” signal :
* everything is reversed compared to the „buy” signal...
* BUT!!! Waddah Attar – the red line of the histogram crosses the yellow signal line, the yellow line is above the blue broken line; even better if the yellow line is rising


Reversal or aggressive buy/sell signal :
* The signal occurs when after a significant activity there is a sudden reversal
* FX Sniper’s lines cross each other, or both lines cross CCI34 without crossing each other and generate a 'buy” signal
* The green or red histogram Waddah Attar HIDES BENEATH the gold signal line – observe the first bar (candle) at which the histogram will hide beneath the signal line and change colour.
* The colour of LSMA dot is consistent with the position being opened (green for long, red for short).


General remarks :
There is no unequivocal answer to questions like 'how to position the stop loss”, 'how to position the take profit”, etc. These things depend on individual risk acceptance thresholds and individual greed.

Download All Indicators and template here :
https://www.ziddu.com/download/12633100/skydart.zip.html


https://life-mild.blogspot.com/2010/11/forex-strategy-sky-dart.html

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