Sardar
Last updated
Last updated
Indicators:
(10)
(14) with levels: 30, 70
(20)
Key conditions:
The strategy is applied on timeframes of H1 or higher, and it is used for trading major currency pairs in a stable market. Entry is made at the opening of the next bar following the signal bar. The Stop Loss is set at a minimum of 35 points, and after reaching 30 points of profit, the trade is moved to breakeven. Take Profit is set at 100 points.
BUY conditions (all conditions must be met):
The RVI crosses the balance line upward.
On the same bar, the RSI value is higher than its previous value.
The StdDev value is higher than its previous value.
SELL conditions (all conditions must be met):
The RVI crosses the balance line downward.
On the same bar, the RSI value is lower than its previous value.
The StdDev value is lower than its previous value.
Exit criteria: Exit the trade when the Stop Loss or Take Profit is reached, or when a reverse signal occurs.
Open a chart with a timeframe of H1 or higher. Apply the RVI indicator with a period of 10, the RSI indicator with a period of 14 and levels at 30 and 70, and the StdDev indicator with a period of 20.
For a BUY trade, confirm that the RVI crosses the balance line upward, the RSI value increases compared to the previous value, and the StdDev value is also higher than its previous value. Enter the trade at the opening of the next bar, setting the Stop Loss at 35 points and moving it to breakeven after 30 points of profit. Set the Take Profit at 100 points.
For a SELL trade, confirm that the RVI crosses the balance line downward, the RSI value decreases compared to the previous value, and the StdDev value is lower than its previous value. Enter the trade and manage it similarly. Exit trades based on the specified conditions.
