Monday, April 21, 2014

Easy Buy and Sell Rules Set using Ultimate Forex System

Buy Condition
  1. RSI < 28 indicate oversold
  2. Price hit any support line
  3. HA is white
  4. Stop Loss at the last low of Red HA  – 10 pips
  5. Take Profit 2X Stop Loss
Sell Condition
  1. RSI>68
  2. Price hit any resistance line
  3. HA is Red
  4. Stop Loss at the last high of White HA + 10 pips
  5. Take Profit 2X Stop Loss
more on http://ultimateforexreport.com/?p=76