This is a full strategy designed for gold market using 12h timeframe chart.
Its components are: VWAP monthly SMO oscillator MACD histogram
Rules for entry: For long: when enter when close of the candle is above vwap monthly, current histogram is higher than the previous one and SMO oscillator is above 0 For long: when enter when close of the candle is below vwap monthly, current histogram is lower than the previous one and SMO oscillator is below 0
Rules for exit: We exit the trade if we get a reverse condition. We also exit the trade based on a risk management system, both for SL and TP using % movements.