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March 28, 2018

Question:What is Zoom in Strategy? How can I identify Buy and Sell signals from this strategy?

Answer:

In this strategy, the goal is to identify a new minor trend and properly time to entry.

The strategy uses the 4-hour graph to identify the minor trend, and a 50 mini-graph to choose the best time for entry.

This strategy is suitable for all currency pairs and main index.

Indicators used for the strategy is 2 Exponential Moving Averages, Relative Strength Index and Stochastic Index.

Buy Signal of Zoom in Strategy

A preliminary buy signal appears when in a 4 hour chart, the 5 average crosses the 10 average net upwards direction, and RSI is over 50, but not oversold that is, below 70.

And entry signal is received on the 15 minute chart when the stochastic index is in the oversold area, meaning lower than 20, and it’s lines crossing each other signals a buy.

The Stop Loss should be set 30 pips below the lowest value of the signalling candlestick on the 15 minute chart.

The spacing order should be positioned at the distance of 2.5 times the space between the entry rate and stop loss rate.

Sell Signal of Zoom in Strategy

A preliminary sell signal appears when in a 4 hour chart, the 5 average crosses the 10 average in a downwards direction, and in RSI is below 50, but not oversold, that is, not below 30.

An entry signal is received in the 15 minute chart when the stochastic index is in the overbought area, meaning a higher than 80, and the crossing over of its lines signals a buy.

The Stop Loss should be set 30 pips above the highest value of the signaling candlestick on the 15 minute chart.

The spacing orders should be positioned at a distance of 2.5 times space between entry rate and the stop loss rate.

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