EBB-1 Forex Strategy - Strategy for the indicator of the currency pair EUR USD (H1) with the tests during the year, which was the winner in the competition of author forex strategies for May 2012
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To begin set up at the chart EURUSD (H1) the following indicators forex:
1) the Envelopes (period - 288; shift (shift) - 1; exponential; Apply to close; deviation (SD) - 0.15)
2) Bollinger Bands (24, 0, 2, close).
Rules of entry into the market:
For transactions on SALE necessary to satisfy the following conditions:
1) the intersection of the bar and closing below the red line indicator Envelopes
2) Stop los place on the blue line Envelopes
3) When you reach a profitable trade in 40 items (for 4-digit broker, such as Forex4you, for a 5-digit forex broker Alpari type of this value is 400 points), swap deal to break even
4) The closing of the transaction occurs only on stop-loss (profit target is not set), which moves the indicator Bollinger Bands (price approaches the upper line of Bollinger, and after that returns to its central line, thus forming a kind of ladder)
