This is an indicator trading strategy in the truest sense of the word. If usually we need to somehow combine the work of the filters, guided by a sequence of signals, then in this case it is a well-chosen indicatorsEach of them performs a strictly defined function, qualitatively complementing each other. How often for indicators flytrap say it needs a couple, to filter out false signals in the trend, here's a strategy High Gain - a case where everything is well matched.
Trading conditions for the strategy
- Currency pair: diverse, majors;
- Timeframe: M15-H4;
- Trading Sessions: no restrictions;
- IndicatorsRSIOMA_v2HHLSX, xb4d, Solar Winds joy - histo, Signal_Bars_Executive_v1, BUY-SELL.SIGNAL, Currency Strength Meter, KH_Trade Monitor v2, adaptive Gann High-Low activator jma Heiken Ashi arrows-1_2.0
As can be seen, in the High Gain trading strategy Only custom indicators are used, with a very rich set. It has both oscillators: RSIOMA_v2HHLSX, xb4d, Solar Winds joy - histo, and trend BUY-SELL.SIGNAL, as well as several simple signal filters that complement each other. In general, everything you need for a good TS is present. Let's deal with the trading signals.
It's not hard to guess that we need to wait for a buy signal from all indicators before we can open a trade. The bottom line is that we need:
- RSIOMA_v2HHLSX - The red line crossed the blue line from bottom to top;
- xb4d - was blue and wrote LONG;
- Solar Winds joy - histo - indicated an uptrend and was green;
- Signal indicators simultaneously showed or have recently shown upward arrows, while doing so on one or enough close standing bars;
- BUY-SELL.SIGNAL was green;
- Auxiliary graphical indicators It is also desirable to show a signal to buy.
Having a complete set of buy signals on the chart, we open a deal.
It is recommended to close the deal on the reverse signal of all indicators at once, i.e., the strategy as a whole, while it is suggested to ignore individual indicator readings. According to ForTrader.org experts, it is quite possible to use this rule, trading profitably, but, nevertheless, part of the profit will be lost, so you can use Tralling Stop or experimentally evaluate the effectiveness of the readings of some indicators, choosing for yourself the appropriate option.
The sell signal will be the opposite of the buy signal:
- RSIOMA_v2HHLSX - The red line crossed the blue line from top to bottom;
- xb4d - was red and wrote SHORT;
- Solar Winds joy - histo - indicated a downtrend and was red;
- Signal indicators simultaneously showed or have recently shown downward arrows, while doing so on one or enough close standing bars;
- BUY-SELL.SIGNAL Was purple;
- Auxiliary graphical indicators It is also desirable to show a signal to sell.
There is nothing more to say, all that remains is to install indicators and test the High Gain strategy.