Multiple Time-frame Strategy(Trend, Momentum, Entry)

New Zealand Dollar/U.S. DollarFXCM

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⋅ 10 Th08 2016 05:48

Hey everyone, this is one strategy that I have found profitable over time. It is a multiple time frame strategy that utilizes 3 time-frames. Highest time-frame is the trend, medium time-frame is the momentum and short time-frame is the entry point.

Multiple Time-frame Strategy(Trend, Momentum, Entry) Script

Long Term:
- If closed candle is above entry then we are looking for longs, otherwise we are looking for shorts

Medium Term:
- If Stoch SmoothK is above or below SmoothK and the momentum matches long term trend then we look for entries.

Short Term:
- If a moving average crossover(long)/crossunder(short) occurs then place a trade in the direction of the trend.

Close Trade:
- Trade is closed when the Medium term SmoothK Crosses under/above SmoothD.

You can mess with the settings to get the best Profit Factor / Percent Profit that matches your plan.

Best of luck!

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