OPEN-SOURCE SCRIPT
Forex Daytrade T3 MA session
This is a simple yet very efficient daytrading strategy for most crosses pairs, like EUR/NZD, EUR/AUD , GBP/NZD, GBP/AUD and so on.
It tends to works best with 1h and 15 min time frame charts.
Its components are :
Entry time = session that we want to trade, where we can combine for example half of London and all of NY using an hour system.
T3 Moving average
Price action.
Rules for entry
For long , we are during the hours we want to trade, current close is price is above previous high and at the same time is above moving average
For short , we are during the hours we want to trade, current close is price is below previous low and at the same time is below moving average
Rules for exit
We exit when either the opposite condition is triggered, if the hours of trading are off or based on a percentage TP/SL system movement.
For this example we use 1% movement both for TP and SL
If you have any questions, let me know !
It tends to works best with 1h and 15 min time frame charts.
Its components are :
Entry time = session that we want to trade, where we can combine for example half of London and all of NY using an hour system.
T3 Moving average
Price action.
Rules for entry
For long , we are during the hours we want to trade, current close is price is above previous high and at the same time is above moving average
For short , we are during the hours we want to trade, current close is price is below previous low and at the same time is below moving average
Rules for exit
We exit when either the opposite condition is triggered, if the hours of trading are off or based on a percentage TP/SL system movement.
For this example we use 1% movement both for TP and SL
If you have any questions, let me know !
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Möchten Sie dieses Skript auf einem Chart verwenden?
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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