Indicators:
Parabolic SARS(PSARS)
Awesome Oscillator(AO)
Accelerator Oscillator(AC)
Trading Rules for BUY Trade
All of the requirements listed below must be satisfied by the signal candle in order to initiate a BUY trade. The candle at which every circumstance came together to provide us with an entry signal is known as the signal candle.
The AO must turn green,
The PSAR dot must be below the current signal candle.
The AC needs to turn green.
At the close of the current candle, make a BUY trade if all three requirements are satisfied.
When every indicator appears on the same candle, it is the best signal. PSAR just shifted positions, and AO just went from red to green.
STOP LOSS: Establish a stop loss at the entry candle's LOW.
PROFIT TARGET: Set Take Profit to equal Stop Loss in pips. For instance, if the distinction between
Trading Rules for SELL trade:
All of the requirements listed below must be satisfied by the signal candle in order to initiate a SELL trade. The candle at which every circumstance came together to provide us with an entry signal is known as the signal candle.
The AO must turn RED,
The PSAR dot must be above the current signal candle.
The AC needs to turn GREEN.
At the close of the current candle, make a SELL trade if all three requirements are satisfied.
When every indicator appears on the same candle, it is the best signal. PSAR just shifted positions, and AO just went from GREEN to RED.
STOP LOSS: Establish a stop loss at the entry candle's HIGH.
PROFIT TARGET: Set Take Profit to equal Stop Loss in pips. For instance, if the distinction between
Parabolic SARS(PSARS)
Awesome Oscillator(AO)
Accelerator Oscillator(AC)
Trading Rules for BUY Trade
All of the requirements listed below must be satisfied by the signal candle in order to initiate a BUY trade. The candle at which every circumstance came together to provide us with an entry signal is known as the signal candle.
The AO must turn green,
The PSAR dot must be below the current signal candle.
The AC needs to turn green.
At the close of the current candle, make a BUY trade if all three requirements are satisfied.
When every indicator appears on the same candle, it is the best signal. PSAR just shifted positions, and AO just went from red to green.
STOP LOSS: Establish a stop loss at the entry candle's LOW.
PROFIT TARGET: Set Take Profit to equal Stop Loss in pips. For instance, if the distinction between
Trading Rules for SELL trade:
All of the requirements listed below must be satisfied by the signal candle in order to initiate a SELL trade. The candle at which every circumstance came together to provide us with an entry signal is known as the signal candle.
The AO must turn RED,
The PSAR dot must be above the current signal candle.
The AC needs to turn GREEN.
At the close of the current candle, make a SELL trade if all three requirements are satisfied.
When every indicator appears on the same candle, it is the best signal. PSAR just shifted positions, and AO just went from GREEN to RED.
STOP LOSS: Establish a stop loss at the entry candle's HIGH.
PROFIT TARGET: Set Take Profit to equal Stop Loss in pips. For instance, if the distinction between