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Created by @ForexxJamess

Echo Strategy Trading Plan


Indicator Criteria
Fast Daily Moving Average - 21 Exponential.
Slow Daily Moving Average - 8 Exponential.
Fast Hourly Moving Average - 50 Exponential.
Slow Hourly Moving Average - 200 Exponential.
Hourly RSI - Period 6, Upper Level 80, Lower Level 20.
Golden Gates - Default Settings Applied.

Long Entry Criteria


Daily 8 EMA is above the daily 21 EMA
Hourly 50 EMA is above the hourly 200 EMA
The daily & hourly uptrend is clear.
Hourly RSI is below or equal to 20.
Price is in a close area to the hourly 200 EMA
Price has rejected a pivot point.
Price has respected support.
Price has formed a bullish engulfing candle.
Golden Gate entry long entry signal.
I am aware of any upcoming news.

Short Entry Criteria


Daily 8 EMA is below the daily 21 EMA
Hourly 50 EMA is below the hourly 200 EMA
The daily & hourly downtrend is clear.
Hourly RSI is above or equal to 80.
Price is in a close area to the hourly 200 EMA
Price has rejected a pivot point.
Price has respected resistance.
Price has formed a bearish engulfing candle.
Golden Gate entry short entry signal.
I am aware of any upcoming news.

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