You are on page 1of 1

TIME FRAME :

30 MIN CHARTS & 4HR CHARTS.


INDICATORS :
21 EMA & 8 EMA.
POSITION SIZING : 2 LOTS MIN.
BUY SIGNALS :
1. CROSSOVER OF 21 EMA & 8 EMA IN 4HR CHART.
2. ENTRY only above close of next 30 MIN candle above
Previous candle High. ( Entry can be taken at next candle
OPEN or near 8EMA of 30MIN)
3. STOPLOSS previous Swing LOW on 30 MIN candle.
4. Once TRADE become PROFITABLE, Book 50% at >1.5 times
the Initial Risk. Rest Hold with PSAR as STOPLOSS, once it
changes direction, Place previous 2 candle LOW as Stoploss on
closing basis.
SELL SIGNALS :
1. CROSSOVER OF 21 EMA & 8 EMA IN 4HR CHART.
2. ENTRY only below close of next 30 MIN candle below
Previous candle LOW.. ( Entry can be taken at next candle
OPEN or near 8EMA of 30MIN)
3. STOPLOSS previous Swing HIGH on 30 MIN candle.
4. Once TRADE become PROFITABLE, Book 50% at >1.5 times
the Initial Risk. Rest Hold with PSAR as STOPLOSS, once it
changes direction, Place previous 2 candle HIGH as Stoploss
on closing basis.

You might also like