I use MetaTrader 4 as charting
but you can use any you like as you
prefer but the set up might be different.
What i do is that i set up two
windows one with 4 hr and another
one with Daily time frame on the
screen which helps you with entry
signal without switching the time
frames.
Indicators Set Up On Daily TimeFrame
RSI 16 [level 50]
CCI (Commodity Channel Index) 21
[levels 20 and -21]
Pairs
I have back tested the system with
GBP/JPY only on Daily time frame
and i am going to test the system on
4 hr time frame soon.Meanwhile i was
testing it on the Demo and i used the
same set up for two other pairs
GBP/USD and EUR/USD will test all
of them in future.
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1 comment:
Good post.
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