Forex Strategy “9 and 100 SMA + RVI”
Timeframe: M30-H1.
Trading pairs: GBPUSD, GBPJPY and other at will.
Used indicators:
- SMA with parameter 9.
- SMA with parameter 100.
- RVI with parameter 100.
Trade technique:
1. Purchasing – when SMA9 crosses from below upwards SMA100 and indications of RVI are above zero.
2. Sale – when SMA9 crosses SMA100 from top to down and indications of RVI are below zero.
Recommendation: it is recommended to wait a closing of candle when all the signals of input in the market coincide, and when another candle begins it is recommended to begin trade, if all the signals are established.
Exit from the market: it is necessary to close a position when SMA9 has rebounds back and also it is necessary to close a position if SMA9 turns back crosses SMA100 in the opposite direction.
Also, if you desire, you can use in trade trailing-stop.
That’s all rules.
Forex Strategy “9 and 100 SMA + RVI”,