forex "Bagovino Method" strategy is very simple, trade is conducted on the hourly chart (H1), it is necessary to set the EMA (close) with a period of 5 and 21. And zheindikator RSI with a period of 21. All these indicators are in any standard set of Metatrader terminal 4.
The installations of the RSI indicator set level 50.
Once the 5 and 21 EMA cross in the upward direction and the RSI crosses above level 50 - open the deal to buy (remember - the transaction should be opened only after the closing hour candles and candle digging the new hours !!!)
On the other hand, as soon as the EMA cross on the chart down, and the RSI falls below 50 - opening the deal to sell (remember - the transaction should be opened only after the closing hour candles and candle digging the new hours !!!) The best situation as soon as both intersections occur simultaneously (EMA cross and the RSI crosses the 50 level).
This forex strategy at history shows about 85% profitable signals!
To work, you can choose any currency pair.
For examples, see below:
For the first time (the situation on the left) - first there was the intersection Movings, but we made a deal only a few hours later, after the RSI has crossed the level of 50, and closed below it.
For the second time (the situation on the right) - intersection Movings and RSI occurred for 1 hour after the closing hour had struck a deal to buy.
Stop-loss recommend stavt of your choice (subject to approval by you MM (risk management) - as you see fit, but I still recommend risking no more than 0.5-2% of the depot for each transaction and a stop-loss set: when buying - below the previous low candle in the sale - Haya above last candle).
Just I suggest using indicator forex Vegas 1 Hour to determine the levels for the partial closure of profitable trade positions. For example, you have opened a bargain on a signal Bagovino 0.3 lots. On the first line you can close the 0.1 unit, and the rest put in bezubytka level (perfect for this "trailing stop of 1 item"). On the second line cover another 0.1 lots, and have the remainder of the latter can close or you can just pull it into profit and to put in "free floating", treylenguya rest position for example at a distance of 25-50 points, hoping to catch with the trend movement.
