London breakout GBPUSD daytradeHello,
First I want to WARN THAT YOU NEED A MINIMUM OF 30X LEVERAGE FOR THIS STRATEGY IN ORDER TO WORK.
THE REASON IS THAT THE SIZE IS CALCULATED BASED ON A VERY SHORT STOP LOSS LEVEL IN PIPS
UTILIZE IT AT YOUR OWN RISK
This is a daytrading strategy, that's suited for GBPUSD 1H timechart.
It a very simple strategy that utilizes 2 moving averages : a very fast one and a very slow one.
It will always enter only at the beginning candle of London session, and it will always exit at the candle at the finish of London session.
So the rules are simple :
If its 8 am GMT and the candle close or high cross the slow moving average and we are above at the same over the slow moving average we make a long movement. The oposite condition is applied for short.
At the same time we always use a very small stop loss = 50-100 points ( 5-10 pips).
We dont have a take profit, in our case the trade ends always at the end of London session. In this case at 15h GMT
It might work on other currencies aswell, but it has to be tested first.
For any questions or suggestions, please let me know.
London
Money maker EURUSD 15min daytraderVERY IMPORTANT : THIS STRATEGY WAS MADE WITH LEVERAGE IN MIND
You need atleast 20X LEVERAGE ACCOUNT IN ORDER TO WORK PROPERLY.
With high rewards come high risk .
If you dont want to use leverage, use a risk % of less than 0.25 %.
The below example is without use of leverage on a capital 100.000 risking only 0.25% on each trade
This is a breakout strategy, initially made for EURUSD 15 min for London session.
Its made of 4 SMMA and 1 EMA
Rules for entry are simple :
For buy if our current closed candle is above all moving averages, and they are in ascending order ( 3 > 6 > 9 .... ) and we are in the London session we enter.
For sell the same, but in reverse. If closed candle is below all moving averages and they are in descending order ( 3< 6 < 9 .....) and we are in the London session.
We have a risk manangement with TP/SL.
For exit its either if we reach a tp/sl level, or we reach London finish time.
It also has a risk management, calculating the size based on the pips for SL and our current balance.
For any questions , let me know.
Amazing scalper for majors with risk managementHello,
Today I am glad to bring you an amazing simple and efficient scalper strategy.
Best suited for 1M time frame and majors currency pairs.
Its made of :
Ema (exponential moving average) , long period 25
Ema(exponential moving average) Predictive, long period 50,
Ema(exponential moving average) Predictive, long period 100
Risk management , risking % of equity per trade using stop loss and take profits levels.
Long Entry:
When the Ema 25 cross up through the 50 Ema and 100 EMA. and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)
Short Entry:
When the Ema 25 cross down through the 50 Ema and 100 EMA, and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)
Exit:
TargetPrice: 5-10 pips
Stop loss: 9-12 pips
Hope you enjoy it :)
Wavetrend strategy with trading session for any time chartHello there
Today I am glad to provide you a strategy based on the wave trend oscillator. If you want to use it as an indicator, just disable long and short to not make any shops.
It works on all time frames.
The way it works its like an RSI .
We have overbought and oversold levels, and together with a channel and length we calculate the wave trend.
And then like in RSI, when we cross those lines we buy or sell depending on which lines we cross.
For risk management, so far its not implemented, but it can be done in many ways.
The only thing I applied is to always close a trade at the end of friday day. At the same time it can be applied the rule to sell when % of equity is lost, or at the end of a trading session like london,neywork and so on.
For any questions or doubts, let me know.
Hope you enjoy it :)
London&NY Sessions with DaysOnly has certain time frames for New York and London which can be changed. Does not included other sessions. Also has options to include the market open.
Koala System EURUSD 15minToday I bring you one of the best systems I have found for 15min chart for EURUSD, can be adapted to other pairs aswell I suppose.
Its made of 4 SMA 3 6 9 50 and EMA 200.
It only makes 1 trade per day, in this case we have a risk % of our total eqquity, being the min 0.1 lots , can be changed tho .
We target TP/SL the same 1:1 rr, in this case I use 30 pips for both., that means I risk maximum 30$ out of a total of 1000 equity , per each trade , with 3%
Entry is simple : price is below all movings averages for sell or above for buy. At the same time we check that the ma's are in ascending or descending order.
The key here is patience, never make more than one trade per day.
System always close the trade at the end of london session. Also it only works, during the london session.
Enjoy it.
EURUSD 5min london session strategyHey, today I bring you another strategy that I pull up together.
Its a KISS system ( keep it stupid simple )
We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.
If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.
At the same time, this system, only trades during the london session ( can be changed), and it has 2 rules, preferably no more than 5 trades / day, and no more than 2% risk of equity lost .
We also have a TP/SL system made of pips.
Enjoy it.
Simple and efficient 1h strategyThis strategy is made from a crossover of 2 ema : 4 and 8 in this case, together with a RSI of lenght 10 applied to hl2
The strategy is simple : we enter when we have a cross between the 2 ma's and rsi at the same time is in ascending or descending position crossing the middle line of 50.
For exit we have : at the end of a session( we trade only between london and newyork in this case, so we exit newyork), or through a tp/sl pip point system.
Hope you enjoy it.
bitpul Sessions + sma [MHMK]Background colors that show open-close of the major market sessions ( Tokyo, London, joint time, New York, free time).
I added two sma to get more confirmation for the reversal - You can hide smas
Codex NY|LDN SessionsPRIVATE SCRIPT published strictly for use/testing by close acquaintances for the Bitcoin and cryptocurrency markets.
Study shows London and New York trading sessions to help provide a closer look at how traditional hours/futures can/do effect the market.
Selective Kill Zones by 2tm1. I think if you know how to use Kill Zone the this is very helpful to you but the Newbies must find out how to use the Kill Zone.
2. I've colored each Time Zone based on Olympic Flag, So the Yellow is Asia KZ, the blue is Europe I mean London and the Red is America for New York KZ.
3. There are Session Opens / Closes and Market Sessions in each Time Zone.
4. If you need adjust for Summer Time, then just click check box.
5. There are some options for the Period, that is a day, 3 days, a week, a month and a year.
6. It shows on weekends, so you can use on the crypto markets also.
7. Thanks and I hope your successful investment.
London_NYThis is a session indicator that is one color from beginning of London Session to end of New York Session.
SessionsBackground colors that show open-close of the major market sessions (London, New York, Sydney, Tokyo).
Written for (UTC-4).
Trading Sessions v.2 - Max WarrenUpdated to work with Pine updates:
London DST timezone still broken. Will fix later.
As always full customization visually, with London fix I'll add more options.
Keep in mind the render resolution option
Forex_London_Session_Highlight_On_The_ChartHey Traders.
Here is a simple script for traders who trade the London session. The script highlights London session open and close times on your chart (UTC time zone)
Enjoy
Gabor
Sessions on ChartThis script shows the London and NY Sessions on your chart. Decided to publish it on demand for user yuan642 :D. Maybe other users may find it helpful.
Looking back on charts it can help to spot certain moves or patterns around certain Session open when high volumes enter the markets.