Abid Method
Pairs: all.
Time Frame: 15 min, 30 min 1H and 4H.
Indicators:
1 Envelope (24, MA Simple, Close 0,38);
2 Envelope (24, MA Simple, Close 0,23);
3 Envelope (24, MA Simple, Close 0,62);
4H chart Stochastic (8,8,13);
1H chart Stochastic (14,8,13);
15 and 30 min char Stocastich (21,8,13);
Money flow index (MFI) period 21;
Relative strength index (RSI) period 14 ;
William’s percent range (%R) period 35.
Short Entry:
Red dot Shi_silvertrend appear for selling signal;Buy Entry
The trend encounter with resistance (any level of band) or end of the sugarush wave as a sign of exhaustion level, which mean the pair is suitable for selling;
The level of the stoch is at the overbought level and the stoch cross;
%R confirm the overbought level ;
RSI and MFI confirm the overbought level .
Long Entry:
the trend is likely at the end of the sugarush wave or find strong support level ;
the blue dot of Shi_silvertrend appear as a sign of buying ;
the level of the stoch is at the oversold level and waiting for the cross ;
the %R confirm oversold level;
the RSI and MFI confirm the oversold level .
If you find that topic is useful , please click on share in your social networks to support us.