141# OLT Beta Strategy
SMI RNP Trading
Momentum Strategy.
Submit by Hadi
OLT Beta is a SMI strategy based on Dtosc& arrows and alb qqe2.02 indicators.
This is a s momentum strategy. The main indicator is SMI RNP a custom moving
average. System signals are generated by a sequence of conditions.
Here these occur the order can be entered.
Time Frame H1. This strategy works well even at 1H time frame. Currency pairs: major and minor. Trading Session:any. Platform: Metatrader 4. Profittability about 65%. Discretionary trading system. Metatrader 4 indicators alb_qqe2.02_advanced_alertsarrows_nmc; #DTosc & arrows - smoothed; SMI.NRP (41,10,10,20 levels +20 -20); DailyLines__1 (default setting); Trading Rules winning Strategy trading Look for the sequence of conditions Buy alb_qqe2.02_advanced_alertsarrows_nmc LimeGreen. White line of SMI.NRP under the orangered Line -20. #DTosc & arrows - smoothed Orange line. alb_qqe2.02_advanced_alertsarrows_nmc LimeGreen Sell alb_qqe2.02_advanced_alertsarrows_nmc Red White line of SMI.NRP up the orangered Line 20 by #DTosc & arrows - smoothed LimeGreen Note: if trade conditions recur you can re-enter in the same direction.
ProfitTarget minimum ratio stop loss 1:1.2 Initial stop loss on the previous
swing/low.
In the pictures OLT Beta Strategy in action.
OLT Beta Strategy
OLT V.1
Time Frame H1 or H4 Currency pairs: major, minor, commodities and indices Trading Session:any. Platform: Metatrader 4. Profittability about 95%. Discretionary trading system. Metatrader 4 indicators alb_qqe2.02_advanced_alertsarrows_nmc; #DTosc & arrows - smoothed; SMI.NRP (41,10,10,20 levels +20 -20); DailyLines__1 (default setting),
Fractal 4 Time Frame;
Trading Rules OLT V.1
The same of the previous version.
Telegram Channel https://t.me/freeforexresources
OL V.1
Share yuour opinion.
Ranga (Wednesday, 29 April 2020 14:24)
Does anyone use this system?