30# Pivot Buy Sell
TDI as filter with exponential moving averages.
TDI as filter with exponential moving averages.
Price action trend momentum forex strategy for day trading.
Submit by Dimitri
Pivot Buy Sell is a price action trend momentum forex stratey based on the levels of the price which are also purchase and sales levels, which correspond to the profit target and stop loss levels. To filter these entry points, which generates me the trading system, I use moving averages and the Trader Dynamic Index momentum indicator. You can use either the moving averages, the TDI individually or together. In the examples both are used but only for explanation purposes. Pivots buy sell is a trading system only for day tradng.
Time Frame 15 min, 30 min, 60 min.
Currency Pairs only major ( EUR/USD, USD/CHF, USD/JPY, EUR/JPY, AUD/USD, NZD/USD, EUR/JPY, EUR/JPY).
Sessions: all.
Plataform: Metatrader 4.
Metatrader 4 Indicators
Exponential moving average 9 period (close).
Exponential moving average 15 period (close).
Exponential moving average 24 period (close).
Exponential moving average 30 period (close).
Exponential moving average 36 period (close).
Exponential moving average 45 period (close).
TDI (Traders Dynamic Index (default setting).
Pivot buy sell ( with libraries).
Symbol Changer profit display V.3.
Trading rules Pivot Buy Sell trading strategy
Buy
Trade at buy entry.
Exit trade at Stop Loss level.
Profit Target at level 1 and level 2( depends by strength of the movement).
Re-entry if there are the conditions in the market.
Filter
TDI crosses upward.
The exponential moving averages below the candles.
Sell
Trade at sell entry.
Exit trade at Stop Loss level.
Profit Target at level 1 and level 2( depends by strength of the movement).
Re-entry if there are the conditions in the market.
Filter
TDI crosses downward.
The exponential moving averages above the candles.
In the pictures Pivor Buy Sell in action
