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Forex strategy – 9x100SMA

Currency pairs: any

Time frame: M30, H1

Indicators: 9 SMA (close), 100 SMA (close), RVI = 100 (THIS INDICATOR IS NOT NECESSARY USE IT FOR MOMENTUM MAINLY) .

Entry rules:
Option 1: Enter long when the 9 SMA crosses above the 100 SMA it helps if the RVI is above 0
Option 2: Enter short hen the 9 SMA crosses below the 100 SMA it helps if the RVI is below 0

Exit rules: Close your position and reverse it when the 9 SMA crosses back 100 SMA or close the position when the price crosses back over the 9 SMA by 20 pips.

Advantages:
You may generally have periods when the price may whipsaw 1 or 2 times in a row, but 80-90% of the time when the 9 crosses the 100 you will catch an awesome move.


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