what is the template ?:
- WMA 40 to 60 and 90 to 120
wich pairs trade with it ?
- All pairs, All TF, but I advice only EU and 1M TF because this is a scalping strategy and the spread is tight on this pair.
Trading hours ?
from Monday Tokyo open to Friday London Close.
How to trade it ?:
- watching 1min chart at the first or second zoom level wait for a trend developing, when all WMA's are agree together and have a good slope wait for an arrow. here is the only good way to avoid fake arrows
- *the best setup is when yellow wma are stretched and green/red are compressed*
How to enter ?:
- personally i look at my oanda's 5sec chart with the same template, and i enter when all wma are looking bullish or bearish (in agreement with my 1min chart of course...)
Stop Loss ?:
- most of the time i use the peaks and troughs concept (check attachment if you never heard about it) on my 5sec chart so sometimes it's really tight sometimes a little bit more wide. i avoid more than 20 pips, it's scalping...
How to exit ?:
- if you have some experience in trading you already know that i can't bring you this answer... personally i move my stop loss above my longs orders or below my shorts orders as soon as possible it avoids me to get stopped stupidly. (i use oanda, i don't know if everybody can do that with other platforms)
what's wrong with it ?:
- you need to know what you do this is not a blind system, it's a strategy with the help of a good indicator (at least for me).
why i share it ?:
- if nobody share some good stuff on the web we all stay very poor financially and mentally
- i would like that some people try it and give me some feedbacks.
>DownLoad<
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