MULTIPLE TIME-FRAME STRATEGY(TREND, MOMENTUM, ENTRY) by tux
By tux
Performance Metrics
- Author: tux
- Symbol: FX:NZDUSD
- Timeframe: 15 minutes
- Net P&L: +430.50 USD (0.00%)
- Win Rate: 63.6%
- Profit Factor: 5.069
- Max Drawdown: 59.60 USD
- Total Trades: 33
Description
Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.Long Term:- If closed candle is above entry then we are looking for longs, otherwise we are looking for shortsMedium Term:- If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries.Short Term:- If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend.Close Trade:- Trade is closed when the Medium term SmoothK Crosses under/above SmoothD.You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan.Best of luck!