155# Red Dragon Hedging (No Loss Strategy)

Ema Channel with Parabolic Sar And Awesome

Buy and Sell Strategy

Submit by Joy22

 

Red Dragon Hedging (No Loss Strategy) is a trend following strategy based on exponential moving average channel , Awesome and Parabolic Sar. Signals are generated when all indicators agree. This strategy also fits hedging with a soft martingale.

Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)

Setup Strategy

Currency: EUR/USD, AUDUSD, AUDJPY, EURJPY, GBPUSD, NZDUSD, S$P500, NASDAQ100, Gold

Time Frame: H1 or higher. Best 4H 6H 8H 12H 24H. (4H or higher.)

Indicators:

EMA 14 applied to high,

EMA 14 applied to low,

Parabolic SAR (step 0.01, 0.2),

Awesome default setting.

Trading rules Red Dragon Hedging (No Loss Strategy)

LONG

Place a buy order when price closes above the 14 high , PSAR is under the candle and Awesome is above zero level.

SHORT

Place a sell order when price closes below the 14 low , PSAR is upper the candle and Awesome is below zero level.

Exit Position

Place initial stop loss below the previous swing high/low.

Profit Target with predetermined profit target that depends by time frame and pairs, or close position whe there are opposite conditions.

Hedging Rules

When placing an order do not place the stop loss, but the market changes direction to open an opposite order of the same amount as the first. When the market reverses direction, open an order of the same quantity as the first in the direction of the first order. The positions are all closed in profit.

The cycle ends with a maximum of 5-6 orders being placed.

Optional martingale starting from the third order the positions can be increased by one unit compared to the first here is the sequence: 1, 1, 2, 3, 4, 5, Order sequence without martingale 1, 1, 1, 1, 1, 1.

It is recommended to apply hedging from the time frame of 4H and higher.

 

Examples of trades.

Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Red Dragon Hedging (No Loss Strategy)
Comments: 0
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 167-hedging-dynamic-forex-strategy
Thumbnail image
Momentum Strategy not losses · Hedging Dynamic Forex Strategy is a trading 
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › scalping-forex-strategies-ii › 265-200-...
Thumbnail image
200 exponential moving average channel is trading method based 
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › forex-strategies-based-on-indicators
Thumbnail image
Forex Indicators: · Two exponential moving averages periods 34 High and Low that formed the E
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › trading-system-metatrader-4-iv › 524-...
Thumbnail image
Ema Channel trendig strategy · Submit by Marc 16/12/2013 ·
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 11-keltner-channels-and-ema
Thumbnail image
11# Keltner Channels and EMA. Keltner Channels
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › 238-5ema-channel-with-macd
Thumbnail image
238# 5 EMA Channel with MACD. Trading with upper and lower channel. Submit by Freddie 12/09/2012.
Forex Strategies - Forex Resources - Forex Trading-free forex trading signals and FX Forecast › forex-strategies-based-on-indicators
Thumbnail image