594# IMAX3 Trading
IMAX3 Trading is an simple trend following fx strategy based on RSI Chart bars as filter and KST momentum indicator.
Time Frame 30min, 60min, 240 min.
Currency pairs and Indicies: EUR/USD , USD/JPY, GBP/USD, AUD/USD, USD/CHF, AUD/JPY, NZD/USD and other majors.
Metatrader Indicators:
RSI bars, (55 period 55 period with 50 oversold & overbought )
RSI Chart bars( 55 period)
IHMax 3,
KST (Brookly),
Damiani Volameter,
Trading rules
Long Entry
Damiani Volameter green line above white line;
KST histogram > KST line;
RSI Chart Bars blue color;
IMAX3 aqua line > red line.
Short entry
Damiani Volameter green line above white line;
KST histogram < KST line;
RSI Chart Bars red color;
IMAX3 aqua line < red line.
Exit Position
IMAX3 crosses in opposite direction,
Profit Target 1.3 ratio stop loss,
Use trailing stop,
Initial stop loss on the previous swing.
In the pictures IMAX3 Trading