dISCLAIMER! THIS ANALYSIS AND STRATEGY IS MADE FOR EDUCATIONAL PURPOSE AND DO NOT CONSIDER AS AN INVESTMENT ADVICE.
Hey Folks!
In this Idea i am going to introduce my new concept of trading which is more objective based rather that subjective.
As the Title suggest that it is going to be a very simple strategy with specific entry point and stoploss moreover i will be sharing a live link to the chart that will help you too back test this strategy, and in the live chart there will also be my custom indicator that will guide a direction of a trend.
One be one i will add the working of the strategy as an update to the idea because there are multiple ways to use this strategy but as i said i will provide one setup that will work in the most simplest way.
The first simplest method.
Buying Point = Lower level of the Green Zone
Initial Stoploss= Lower level of the Red Zone which is just below the entry point.
Trailing Stoploss = Middle point Of the Red Zone which is just below the entry point.
Target = 1:2 , 1:4 and 1:8
Soon I will Show an example by adding a Snapshot as an update to this Idea.
So Staytuned.
Hey Folks!
In this Idea i am going to introduce my new concept of trading which is more objective based rather that subjective.
As the Title suggest that it is going to be a very simple strategy with specific entry point and stoploss moreover i will be sharing a live link to the chart that will help you too back test this strategy, and in the live chart there will also be my custom indicator that will guide a direction of a trend.
One be one i will add the working of the strategy as an update to the idea because there are multiple ways to use this strategy but as i said i will provide one setup that will work in the most simplest way.
The first simplest method.
Buying Point = Lower level of the Green Zone
Initial Stoploss= Lower level of the Red Zone which is just below the entry point.
Trailing Stoploss = Middle point Of the Red Zone which is just below the entry point.
Target = 1:2 , 1:4 and 1:8
Soon I will Show an example by adding a Snapshot as an update to this Idea.
So Staytuned.
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Example
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I guess you can almost visually backtest till 2016 in the above chart. see how many stoploss actually hitt. And also see how Risk reward ratio is.
I hope You will like my new concept. Don't Forget to subscribe so that you won't miss any updated ..If yyou like this Idea Do hit the boost.
Soon i will add Live chart link ..Happy holidays...
I hope You will like my new concept. Don't Forget to subscribe so that you won't miss any updated ..If yyou like this Idea Do hit the boost.
Soon i will add Live chart link ..Happy holidays...