Best forex strategies and indicators
Every day trader asks “where are today the price will go?” In this question is the work of a trader. But the creators of the indicator FuturoFX decided to simplify the answer to the above mentioned question and created a tool that draws on the schedule the alleged price movement into several (setup in the indicator) candles advance.
Divergence Discretionary System is a trading method based on divergence filtered with trend line. We have more divergence indicator. Lead indicator,for this strategy is RSI with trend line.
Trade only in direction of divergence or at the breakout of the trend line on the RSI indicator. The other indicators are used as confirm.
This technique can be used for trading with binary options, or no options.
Time frame 5 min or higher.
Financial market : Forex, Futures, Indicies and commodities.
Expiry time 3 candles.
Metatrader Indicators:
Vline 1.1
Divergence RSI defaul setting,
FX 5 MACD (12, 26, 9).
Stochastic Divergence MTF.
Time Frame 15 min or higher.
Markets: Forex, Indicies, Commodities.
For Binary Options High/Low expiry time 6-10 candles.
Indicators:
Bollinger Bands divergence (20, 2),
Bollinger Bands divergence (30, 3),
RSI 14.
Bollinger Bands divergence indicator is a technical indicator based on Bollinger Bands (BB) which is a volatility indicator developed by John Bollinger was based on moving averages, and technical analysis of the divergence.
when the small circle appears in the upper band corresponding to a sell signal.
when the small circle appears in the lower band corresponding to a buy signal.
Trading with Bollinger Bands divergence indicator in trendig market
Trading with Bollinger Bands divergence indicator in trendig market
With this scalping system variation a 5 minute chart is used instead of a 15 minute chart. All the Guppy averages have been adjusted accordingly.
This enables Cynthia’s stop to be used.
With the original, Sonny used the DOTS stop and then moved it up as per his rules.
Cynthia’s stop enables the initial stop, most times, to be closer to the entry and can be used to follow the market to the first target. Some adjustment of the parameters may be needed to suit conditions at the time.
It is recommended to watch the videos involving Sonny as they give a good idea of the market setups needed to make the general method a success.
