FOREX TRADING STRATEGY with 20MA & chandelier Stop by TIZ
The BWAB Trading Strategy (LONG SETUP)
- Market is in a range (80 candles or more)
- The price approach the highs of Resistance and forms a tight consolidation (buildup)
- The 20 MA touches the low of the buildup
- Place a buy stop order above the highs with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
- Market is in a range (80 candles or more)
- The price approach the lows of support and forms a tight consolidation (buildup)
- The 20 MA touches the highs of the buildup
- Place a buy stop order below the lows with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
Chandelier Stop settings = Trailing stop loss
Look Back perio = 1
ATR Period = 22
ATR Multiplier = 3
The chandelier stop offers a logical possibility to set the stop loss. The sl is very tight.
The BWAB Trading Strategy (LONG SETUP)
- Market is in a range (80 candles or more)
- The price approach the highs of Resistance and forms a tight consolidation (buildup)
- The 20 MA touches the low of the buildup
- Place a buy stop order above the highs with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
- Market is in a range (80 candles or more)
- The price approach the lows of support and forms a tight consolidation (buildup)
- The 20 MA touches the highs of the buildup
- Place a buy stop order below the lows with 3 ATR trailing stop loss ( chandelier Stop )
The BWAB Trading Strategy (SHORT SETUP)
Chandelier Stop settings = Trailing stop loss
Look Back perio = 1
ATR Period = 22
ATR Multiplier = 3
The chandelier stop offers a logical possibility to set the stop loss. The sl is very tight.
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Another example:Not
The result:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.