GBPUSD30sma

SMA40 (Simple Moving Average with a 40-period): To identify the overall trend direction. Lagcs1 (Lagging Indicator): To get a signal of potential trend reversal or continuation. Donchin Channel: To gauge market volatility and set appropriate stop-loss and take-profit levels. Timeframe: This strategy can be applied on any timeframe, but it is often used on daily or 4-hour charts. Entry Rules: SMA40 Trend Filter: Consider a bullish trend if the price is above the SMA40 and a bearish trend if the price is below the SMA40. Lagcs1 Signal: Wait for a Lagcs1 crossover. A bullish crossover (Lagcs1 crossing above its previous value) indicates a potential long entry, and a bearish crossover (Lagcs1 crossing below its previous value) indicates a potential short entry.
Version: Date: Status: Description:
1 31.07.2023 Not running SMA40 (Simple Moving Average with a 40-period): To identify the overall trend direction. Lagcs1 (Lagging Indicator): To get a signal of potential trend reversal or continuation. Donchin Channel: To gauge market volatility and set appropriate stop-loss and take-profit levels. Timeframe: This strategy can be applied on any timeframe, but it is often used on daily or 4-hour charts. Entry Rules: SMA40 Trend Filter: Consider a bullish trend if the price is above the SMA40 and a bearish trend if the price is below the SMA40. Lagcs1 Signal: Wait for a Lagcs1 crossover. A bullish crossover (Lagcs1 crossing above its previous value) indicates a potential long entry, and a bearish crossover (Lagcs1 crossing below its previous value) indicates a potential short entry.  Download
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