Question: What is Semi Automatic Strategy? How can I identify Buy & Sell signals using this strategy?
This strategy is semi-automatic, meaning that uses a set of indicators that are programmed to signal the possibility of a future trend.
The indicator is able to automatically identify four different types of patterns.
- Crab
- Bat
- Gartly
- Butterfly
Each pattern appears when certain conditions are met.
Identifying different patterns enables us to take advantage of more opportunities in market movements.
Buy and Sell Signals of Semi Automatic Strategy
Enter a long position when any of the following signals appear:
- Bullish Gartly
- Bullish Bat
- Bullish Crab
- Bullish Butterfly
Enter a short trade when any of the following signals appear:
- Bearish Gartly
- Bearish Bat
- Bearish Crab
- Bearish Butterfly
The signal will appear in the form of a red square, which will display the values to which we will act accordingly.
Exiting Trades
The position should be divided into two parts, with each of them having a different exit target.
In each target, we will realize half the position. We’ll place the first realization target at the opposite border of the square, and the second target and the first dotted line displayed.
The Stop Loss should be position at the start of the square.
