FOREX GAIN FORMULA
Trading Strategy Guide
Go Short (Sell)
- Entry Signal:
- A red candle closes below the FGF_35SMA low line. (You will receive an alert)
- Both FGF_BURDYS and FGF_FBURD indicators display a red bar.
Go Long (Buy)
- Entry Signal:
- A blue candle closes above the FGF_35SMA high line. (You will receive an alert)
- Both FGF_BURDYS and FGF_FBURD indicators display a blue bar.
Exit Rules
- Exit Signal:
- Close the trade when the indicators reverse direction.
- A trailing stop can be applied, with the stop loss depending on the timeframe.
- Stop Loss:
- Place the stop loss at the previous low (for long trades) or high (for short trades).
Risk Management
- Capital Protection:
- Risk no more than 2% of your initial capital per trade.