202# Centre of Gravity And Stochastic

Submit by JanusTrader 31/03/2012

 

Indicators:

Centre of Gravity (190 bars back);

Stochastic High (5, 3,3)

 

 

Rules:

Long Entry: - when the price breaks lower line Gold and stochastic go up from oversold area.

Short Entry: - when the price breaks upper line Gold and stochastic go down from overbought area.

Profit Target The Blue line or the first green line.

Stop Loss 5 pips below or above the Gold line.

 

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


Write a comment

Comments: 2
  • #1

    diaashipping@gmail.com (Saturday, 30 March 2019 14:28)

    Hi

    what about the green line, because sometimes prices do not reach the golden line.
    I am using it for Daily EURUSD

  • #2

    Rob (Saturday, 30 March 2019 20:29)

    It depends on the price fluctuations, the greater the probability of reaching the extremes of the multiple regressive model.

center gravity
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