This strategy is mainly designed for swing trading applied to FOREX.
In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day.
When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position.
The same for short trade.
At the same time...
point of possible Reversal, PPR :
in this strategy I have tried to find out the possible Reversal points in the forex pairs. It’s the most resisted levels from where the trend takes up a particular direction. These PPR can lead the price in any direction depending upon the time zone its happening in.
In this strategy once the code finds a PPR it then checks for...
The script is made only for the 1 hour tick chart in the FOREX market.
Please use script with "heikin ashi" --> This will give more profit and less drawdown!
This script gives BUY and SELL signals on the chart.
If you want to have the alerts also, you find it here:
-- If you want to test/use the script, please ask me here. --
More questions? Feel free to...