Indicators used:
LaGuerre 1 - Gamma 0.55, levels 0.15, 0.85, 0.45 bars to read 9500 color Blue.
LaGuerre 2 - Gamma 0.85, levels 0.15, 0.85, 0.45 bars to read 9500, color Red.
Stochastic Settings: 5, 3, 3 (Green) and 14, 3, 3 (Red)
Recommended - EMA 200 (Red) and EMA 60 (Blue) to find Trend.
Pivot Points: To Find daily Profit levels and as indication of Support / Resistance.
Basic Rules for Entry & Exit
Entry Long:
Laguerre 1: When Laguerre 1 is above 0.15 and pointing up.
Laguerre 2: When Laguerre 2 is moving upward and below 0.50 or below 0.15 (Might follow Laguerre 1).
Stochastic: Both Stochastic should have crossed and be rising above 23.6. Closeness between red and green indicate strong trend.
Moving Average: Trend on 1H window should be above EMA 200 (Red) and EMA 60 (Blue). Here I have mention 1H because I am considering 1H as our trading window.
Exit for Long: When Laguerre 2 goes to top and turns down to 0.85.
************************************************************************
Entry for Short:
Laguerre 1: when Laguerre 1 is below 0.85 and pointing down.
Laguerre 2: When Laguerre 2 is moving downwards and above 0.50 or above 0.85 (Might follow Laguerre 1).
Stochastic: Both Stochastic should have crossed 76.3 levels and moving downwards. Closeness between red and green indicate strong trend.
Moving Average: Trend on 1H window should be below EMA 200 (Red) and EMA 60 (Blue). Here I have mention 1H because I am considering 1H as our trading window.
How to use this method on Multi Time Frame.
Stochastic for Long:
30M should have crossed and be rising above 23.6.
1H should be low in the stochastic range (at least below 50).
4H should be rising and should be above 23.6.
Daily Trend moving upward is indication of success.
Laguerre 1 for Long:
30M should have crossed and be rising above 0.15.
1H should be below 50 and moving upward.
4H should be rising and should be above 23.6.
Daily Trend moving upward is indication of success
Laguerre 2 for Long:
30M should is moving upward and below 0.50 or below 0.15
1H should is moving upward and below 0.50
4H should is moving upward and below 0.85
************************************************************************
Stochastic for Short:
30M should be below 76.3 and pointing down.
1H should be above 50 and moving downwards.
4H should be pointing down and should be below 76.3
Daily Trend moving downward is indication of success.
Laguerre 1 for Long:
30M should have crossed and below 0.85.
1H should be above 50 and moving down.
4H should be pointing downwards and should be below 0.85.
Daily Trend moving upward is indication of success
Laguerre 2 for Long:
30M should is moving downwards and above 0.85 or above 0.85
1H should is moving downward and above 0.50
4H should is moving downwards and above 0.15
**********************************************************
30M setup: Green vertical line indicate Entry and Red line indicate Exit
***********************************************************
1H setup of same currency and same time: Green vertical line indicate Entry and Red line indicate Exit
**************************************************************
4H setup of same currency and same time: Green vertical line indicate Entry
Hope you will Learn Forex and Earn $$$$$ using this strategy. To download indicators used in this strategy Click Here
Read More →
Absolutley one of my favorite blogs, Make Money With Adsense!
Niche Producer
Ultimate FOREX traders
