62# Kumaresan Trading System

Submit by JanusTrader

Time Frame: 5min

Pairs: AUD/USD, EUR/USD, GBP/USD, GBP/JPY

 Look for RSI

 See the trend strength

 Arrow symbol .order of preference are 3, arrow, dot.

How to Trade:

For taking Long position:

 Bollinger Band is the first to consider i.e., Look for price oscillations in the band either in the top half or in the bottom half

Kumaresan system using rsi and bb

 Bullish signal is seen when the price is in the bottom half of the band on 4hrs, 1 hrs, 30 min, 15 min.

 If all are well, then see the free rsi in the next panel, it has to be in the converging mode frombottom and it has crossed in 5 min.

 Look for the 3 symbol in the chart.

 Enter BUY in the NEXT candle

For taking short position:

 Bearish signal is seen when the price is in the top half of the band on 4hrs, 1 hrs, 30 min, 15 min.

 If all are well, then see the FREE RSI in the next panel, it has to be in the converging mode from top in 15 min and crossed in 5 min.

 Look for the 3 symbol in the chart.

 Enter SELL in the NEXT candle.

Kumar System MT4.rar

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Share your opinion, can help everyone to understand the forex strategy.

Comments: 1

#1
Max (Friday, 31 May 2013 18:43)

UN sistema simplemente fantastico, apenas estoy viendo la superficie, pero da muy buenas señales, lastima que no exista un manual.