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Best profitable Strategy

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  • Best profitable Strategy

    This is a forex scalping strategy that is primarily used for the 1 minute charts, but can be used effectively on the 5 minute charts as well. Be sure to try out different time frames for each pair to see which one works the best for that individual pair. The strategy itself is quite simple and only consists of 2 indicators. Those indicators include:

    1. Simple 70 Period Moving Average (closed)
    2. Stochastic indicator K=14 D=3 Smooth= 3 (14, 3, 3) Levels= 80/20

    Check rules to buy and sell here

  • #2
    Really not a bad approach..., and I read somewhere that it really makes no sense to use a large number of indicators, usually really enough two or three to make a good technical analysis of the asset...


    • #3
      Everything's brilliant as they say, but you know, your approach can be perfect for you, and it's totally unsuitable for me. So I recommend that those who pay attention to this strategy, be sure to test for a demo first.


      • #4
        I am impressed by the fact that now so many traders have begun to try to use some personal observations and create their own strategies, which can sometimes be more promising than some more standard approaches. So I think that all traders should work for results and move forward and not be afraid that something may go wrong. So the main thing here is that you have the desire and motivation, because that's what moves us forward. So let's keep a positive attitude towards this business and let's be those people who remain professionals under all circumstances. And I think that in many ways any result depends on us.