Monthly Profit – Daily Trading using SMA

I’m sharing the easiest technique for stress free day buying and selling, I’ve ever seen wherever else


  1. SMA 5,0
  2. BB (Non-obligatory)

Time Required – Simply quarter-hour day by day after D1 shut when new candle begins.

Keep away from

  1. Decrease timeframe charts, even H4 shouldn’t be dependable.
  2. Danger – Don’t take positions greater than 5% of account worth and don’t take a number of positions of identical foreign money (Max 2), even setup is a hundred% right
  3. Sideways sample, see beneath

(Up to date on 17-Dec-2016)

  1. Lengthy – SMA line in upward path
  2. Quick – SMA line in downward path
  3. Ignore – Flat SMA line


  1. Lengthy – When earlier D1 bull candle’s physique has clearly crossed SMA and didn’t contact BB higher band.
  2. Brief – When earlier D1 bear candle’s physique has clearly crossed SMA and didn’t contact BB decrease band.

Please refer #4572 for some examples…17#post9162217

Cease Loss

  1. excessive(+15 Pips)/low(-15 Pips) of earlier candle, if candle is simply too quick then chances are you’ll transfer to T-2 candle.

Take Revenue/Exit


  1. Take 2 positions of identical setup, and shut the primary setup after taking revenue on identical day and depart the one other setup to run endlessly
  2. Maintain shifting SL for second setup as per S&R
  3. Chances are you’ll exit when candle touches/cross BB prime/backside line.
  4. You might exit from second place you probably have minimal 3 candles revenue as a part of 1:3 technique.
  5. Should Exit on breakeven if setup goes in other way.

I request all of you to attempt to share your outcomes regardless optimistic or adverse, right here is why

  1. Merchants will probably be motivated after they see your optimistic outcomes
  2. Merchants will keep away in the event that they see your unfavourable outcomes
  3. Suppose all merchants do this technique, it would drive setup to observe the course we wish Monthly Profit - Daily Trading using SMA 2
  4. we shall be serving to merchants who have been by no means worthwhile
  5. we might be serving to retired/jobless individual to generate income
  6. we shall be serving to new merchants to outlive available in the market and checklist goes on…

You might do this technique on previous charts, Good luck!


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Attached Files


File Type: tpl SMA5+BB20-2.tpl   < 1 KB | 356 downloads
File Type: ex4 Pivots_Weekly.ex4   8 KB | 36 obtain
File Type: ex4 Trendsignal (1).ex4   5 KB | sixty five downloads
File Type: mq4 Trendsignal (1).mq4   3 KB | seventy eight downloads
File Type: ex4 ARJUN 10EMA Dashboard v1.00.ex4   10 KB | 146 downloads


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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] whose only purpose in life is to live according to our own design and desire. For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable.
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