• Short when price is below the 200 EMA in H4 and below 8,16,24 EMA in D1
• TP1 – RR 1:1.5 / TP2 – move SL to break even then trail profit
Indicators: Wavetrend Cross by Lazy Bear, H4 (200 EMA and 8 EMA), D1 (8,16,24 EMA), Trailing Stop Loss Multiple of ATR (period 14, ATR 1.5) (All Default settings)
*** This strategy also works well with Stock Indices (NASDAQ, SP500, US30, EU50, FR40, GER30, JPN225, and AU200.
• TP1 – RR 1:1.5 / TP2 – move SL to break even then trail profit
Indicators: Wavetrend Cross by Lazy Bear, H4 (200 EMA and 8 EMA), D1 (8,16,24 EMA), Trailing Stop Loss Multiple of ATR (period 14, ATR 1.5) (All Default settings)
*** This strategy also works well with Stock Indices (NASDAQ, SP500, US30, EU50, FR40, GER30, JPN225, and AU200.
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