Chaos Awesome and Momentum
Submit by ForexStrategiesresources
This a trend following strategy.
Chart: Candlestick.
Currency Pairs: Major.
Time Frame.: 1m, 5m, 15m, 30m
Spread:. TF, 1m and 5M max 0,00025
Indicators:
1.Ema 4 period color black;
2.Bollinger bands 14 ema period color red;
4. Momentum indicator period 14.
5.StochasticRSI (14, 16).
Enter long position:
when the fast black 4 EMA has crossed up through the middle Bollinger Band, 14 EMA (red). At the same time, the Chaos and Momentum should be crossing their zero lines, going up and the StochRSI should be coming up and crossing it's 50 line.
Enter short position:
when the fast black 4 EMA has crossed down through the middle Bollinger Band, 14 EMA (red). At the same time, the Chaos and Momentum should be crossing their zero lines, going down and the StochRSI should be coming down and crossing it's 50 line.
Exit position:
1, when your Chaos Awesome Oscillator turns a different color and RSI or
StochasticRSI crossing their middle lines (50 RSI, 100 momentum).
2, add stop loss, it depends on the cross and the time frame.
In the pictures below an example of the Neptune System Advanced in action.
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