hi
that this is a superb trading system that consistently yields high pips.
Tools: 15 MIN CHART, 30 MIN CHART,
BOLLINGERS (20,2) on price,
BOLLINGERS (20,2) on RSI (use'first indior's' data)
14 EMA
160 EMA
RSI (4 interval )
GBPUSD pair
doesn't need SR (intrinsic to platform )
works with regular and concealed divergence.
Step 1
spot a divergence. (bullish or bearish)
step 2 make sure that the divergence is at the direction of this 14 EMA
step 3. Open position when(as) that the RSI crosses its CENTER BOLL. (that the CENTER BOLL cross eliminates fakeouts.)
Step 4 leave with 80 percent after first 2 candles.
Step 5 close place (20%) when 14 EMA turns against your position.
thats it! . Works like a charm.it tactics can be modified to'only take divergences that go from the direction of their 14 EMA 160 EMA for additional
security.