To apply this Bezstressovoy forex strategy does not require great knowledge in graphic analysis, it is also no complex indicators, and all we need is to be able to determine the pivot / PIVOT levels.
You can trade with any broker
From the name itself implies this strategy and its main advantage - the strategy has clear signals to the input and does not require a lot of time tracking and transaction and, therefore, little buck trader nerves. On average, this strategy allows you to earn in a month about 12%. The month closed with a loss - quite a rare event.
Earlier on this site, we have already discussed the strategy to pivot levels, here are some of them: Forex Strategy Daily Pivot, Strategy «Pivot + 3 EMA + PSAR»
Currency pair - the strategy applied to two pairs: EUR / USD, GBP / USD.
Timeframe - a strategy used in complex intervals. On the weekly chart is calculated weekly pivot, in the afternoon - a day, and already directly the entrance to the market is carried out on the M15-H1 chart (as anyone convenient, not much difference).
To begin with, let us remember, as the main pivot level is calculated for a specific time. We need three values: the highest price during this period, the lowest price and the closing price of the period. After summation of these three values, the result is divided by three and get to the next pivot level of the same period of time.
Example of calculating the weekly pivot level:
The week closed at the price of 1.1196.
Maximum of the week - 1.1289
A minimum of one week - 1.1713
Pivot for next week is (1.1196 + 1.1289 + 1.1713) 3 = 1.1399.
At the beginning of each week, we calculate weekly pivot level (according to the previous week). This level does not change for the next week. If the day is open below this level, we will only consider selling if the above, only the purchase.
At the end of each day is calculated pivot level for the next day - the daily pivot.
Terms of shopping for stress-free forex trading strategies:
1) The next day opened above the weekly pivot level or daily pivot level is above a week.
2) The above daily pivot level on 20 points established order buy stop (all values in points for this strategy are given for 4-digit broker, for a 5-digit, all paragraphs will be 10 times more).
3) Stop-loss is 30 points.
4) Take-profit is 40 points.
Conditions for the sale by the rules of the strategy:
1) The next day opened below the pivot calculated weekly or daily pivot level is below the week.
2) The following is the daily pivot level at 20 points set a pending order sell stop.
3) Stop-loss is 30 points.
4) Take-profit is set at 40 points.
Amendments to the rules Besstresovoy strategy:
1) If the price at the time of opening of the trading day is already above the daily pivot level of more than 20 points, then we wait for the rollback to the level and then we enter the market. This is not a prerequisite, it is one of those who has the time to monitor the market intraday. If at the opening price is above the entry point of more than 30 points, this signal is ignored.
2) Rules of Money Management: recommended risk for each individual transaction in the 3% to this strategy. That is $ 1,000 deposit when opening a transaction volume of 0.1 lots.
3) If at the close of the trading day there is an open position, then it should be closed at the market price, in spite of the current result.
