Forex Strategy "Leash" is based on the combined signals of complex indicators, all the indicators are used in the terminal MT4 by default, despite the complexity of the indicators themselves - the strategy is quite simple and straightforward to use. for it signals it can be obtained as the trend or against it.
For trade I recommend to choose a broker with MT4 >>
Some statistics on forex strategy:
The authors identified this strategy as a multi-currency. However, we tested only the currency pair GBP / USD. Its average rate of about 220 pips in a month (4-digit quotes). There are also extremely profitable months, for example, in December 2015 showed results in the area of 475 points. Relax in any case it is not necessary, as the drawdown as there were not small - about 140 points.
Currency pair - a strategy on the application of the authors is a multi, but we have been tested only currency pair GBP / USD.
Time interval - H1.
Indicators:
1) Exponential Moving Average with a period of 100.
2a) RSI with a period of 14 and 20 and 80 levels.
2b) The RSI indicator window must add Williams' Percent Range indicator 14 period.
3a) Stochastic indicator with parameters 5; 3; 3.
3b) Accelerator Oscillator to add to the Stochastic indicator window.
Terms of shopping for forex "Leash" strategy:
1) indicators RSI and Williams 'Percent Range have crossed so that Williams' Percent Range is above RSI. It was at the close of the candle and considered input option in the market. The remaining indicators confirm any input on this candle, or it is canceled.
Important: Williams' Percent Range indicator should not be higher than 20 of his window.
2) indicator Accelerator Oscillator must be colored green.
3) The signal indicator Stochastic:
a) If the price is above the moving average (ie, the deal with the trend), the indicator should simply indicate an upward movement. Signal line below the main and no matter when they occurred intersection.
forex "Leash" Strategy
b) If the price is below the moving average (ie, the transaction against the trend), then the intersection of the signal and the main lines of Stochastic indicator should occur on the same spark as the intersection of RSI indicators and Williams' Percent Range.
Option transactions on purchase - Forex Strategy "leash"
In any case, this indicator should not be in the overbought zone.
Once the signal is received, at the close of the candle is the deal on the purchase.
Stop-loss is set at a distance of 35 points.
After passing the 40 points in the positive zone trade should be transferred to breakeven.
Take-profit is 80 points.
Upon receipt of the signal at the input in any case we sell it, no matter whether the transaction is already open, or do not have.
Terms and conditions for sale on the "leash" strategy:
1) indicators RSI and Williams 'Percent Range have crossed so that Williams' Percent Range is below RSI. It is on this closing hour candles and considered input option in the market. The remaining indicators confirm any input on this candle, or it is canceled.
Important: Williams' Percent Range indicator should not be below the level of its 80 windows.
2) indicator Accelerator Oscillator must be colored red.
3) The signal indicator Stochastic:
a) If the price is below the moving average (ie, the deal with the trend), the indicator should simply indicate a downward movement. Signal line above the main and no matter when they occurred intersection.
"Leash" Strategy
b) If the price is above the moving average (ie, the transaction against the trend), then the intersection of the signal and the main lines of Stochastic indicator should occur on the same spark as the intersection of RSI indicators and Williams' Percent Range.
Indicator strategy "leash"
In any case, this indicator should not be oversold.
Once the signal is received, at the close of the candle is the deal on the sale.
Safety stop-loss is set at a distance of 35 points.
After passing the 40 points in the positive zone trade should be transferred to breakeven.
Take-profit is 80 points.
Upon receipt of the signal at the input in any case we sell it, no matter whether the transaction is already open, or do not have.
