Strategy for binary options, Forex and CFD - Schaff Trend Cycle strategy
Strategy for binary options, Forex and CFD - Schaff Trend Cycle strategy
Strategy for binary options, Forex and CFD - Schaff Trend Cycle strategy - a strategy for a 15-minute timeframe, allows you to find signals for opening profitable trades in the direction of the trend movement.
Contents
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Minimum Time Frame and expiration time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
Recommended Time Frame and Expiration Time
- Time Frame: M15
- Expiration time: 45 minutes (3 candles)
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Schaff Trend Cycle strategy indicators
- Schaff Trend Cycle
Risk management
Trade is carried out with a fixed amount not exceeding 5% of the trade balance. You should not trade during the release of important economic news.
Schaff Trend Cycle strategy: signal to increase
- The moving average is directed upward
- The Schaff Trend indicator fell into the oversold zone (range -10…+10)
- Stochastic lines have crossed and are directed upward
- Wait until the Schaff Trend line exceeds the +10 level
Schaff Trend Cycle strategy: downside signal
- The moving average is directed downward
- The Schaff Trend indicator fell into the overbought zone (range +90…+110)
- Stochastic lines have crossed and are directed down
- Wait for the Schaff Trend line to drop below +90
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Trading on Forex and CFD
- Before starting trading, it is recommended to test the strategy on a demo account (open at least 3-5 trades)
- The trade is opened after receiving a signal from the trading strategy
- The ratio of Take Profit to Stop Loss should be 3:1 (for one unit of possible loss there should be 3 units of potential profit)
- The time frame of trading is not important - minute charts are suitable for scalping, hourly or daily charts are suitable for long-term trading
- Take Profit to Stop Loss levels are set depending on the selected time frame
- The strategy will show false signals on minute charts during the release of important economic news - trade on higher time frames or choose a different time for trading
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Download Schaff Trend Cycle strategy
Download Schaff Trend Cycle strategy......
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