Money Making Intraday Strategy for EUR/USD
Money Making strategy is intraday and is intended for trading on the euro/dollar currency pair on the timeframe М15. For convenience, signals to enter the market are displayed in a separate window, duplicated by sound and sending a message to e-mail.
Input data
- Currency pairs: EUR/USD
- Timeframe: М15
- Bidding time: 6:00 GMT - 21:00GMT.
- Type of strategy: intraday, indicator
Used indicators
- IN10NTION news reader - informer located in the upper left corner of the price chart, displaying broker time, main trading venues, size of spreadThe indicator also displays Fibonacci levels, long and short swaps, as well as trend strength on all timeframes. The indicator also displays Fibonacci levels, daily opening levels and the dividing line between trading days.
- NonLagMAv7.1_emailalert - trend indicator.
- SSL_fast_sBar_alert_mtf - basement indicator to filter NonLagMAv7.1_emailalert signals
Conditions for opening a buy trade on the strategy Money Making strategy
- The NonLagMA indicator changed its direction to upward, the color of the line changed from red to green.
- The SSL_fast_sBar_alert_mtf indicator is colored green.
Conditions for opening a sell trade on Money Making strategy
- NonLagMA indicator changed its direction to downward, the color of the line changed from green to red.
- The SSL_fast_sBar_alert_mtf indicator is colored red.
Setting Take Profit and Stop Loss Orders
- Take Profit is set at the level of TdFibo lines of IN10NTION news reader or fixed, at a distance of 60 pips.
- Stop Loss is set at a distance of 30 points
ForTrader.org experts believe that Money Making strategy is attractive due to its simplicity and can be used on a real deposit after testing it on a demo account.
Download Money Making strategy template and indicators
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