[[ Volatility Strategies ]] Oversold & Overbought Zone

[[ Volatility Strategies ]] Oversold & Overbought Zone 


This system is intraday trading and works on a 15 minute and 30 minutes timeframe. This is applicable to all currency pairs.

Forex Indicators:

  • Overbought and oversold zone indicator;
  • Damiani volameter, (The trades zone are ” the not trade zones Damiani Voltameter” );
  • Pivot Points levels.

Rules:

  • Trades Zones are when green line of Damiani Volameter is below line gray

Buy entry:

  • The value of the Overbought and oversold zone indicator must reach or breaks the level of -8;
  • Buy the first when it turns red reaches or breaks the level (-4).
  • Open buy position at open next bar.
Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of -8 and the level -4, Do not Enter a trade.

Sell entry:

  • The value of the Overbought and oversold zone indicator must reach or breaks the level of 8;
  • Sell the first when it turns red reaches or breakes the level (4).
  • Open sell position at open next bar.
Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of 8 and the level 4, Do not Enter.

Exit Position:

  • Profit Target predetermined that dependes by pairs and time frame;
  • The Pivot Points levels.

Click here below to download:

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Cari info FX di Blog ini :