USDJPY 15-minute chart Optimization for the trading session - Part 1
Hello!
This is Satori, researching FX.
Today I will deliver “USDJPY 15-minute chart: optimization in the trading window part 1.”
The figure below shows the logic used in this optimization.
The basic logic is: “when the low price is rising and it surpasses the previous high, buy!”
http://livedoor.blogimg.jp/fxmt4indicator/imgs/5/2/52adab2c.gif
The diagram above is an example of buying in the trading window from 20:00 to 2:00.
“From 20:00 to 2:00” is designed for workers, office ladies, students, and night-owl full-time traders as their trading window.
In addition, we also optimize the 9:00–17:00 trading window for housewives, pensioners, and day traders who trade during the daytime.
The resistance-support reversal shown above refers to the previous upper resistance line becoming the current lower support line.
When you exceed the previous high, a dotted horizontal line (H) is displayed, and if it then rises without breaking the dotted horizontal line (H) and surpasses the previous high again, the resistance-support reversal is recognized, and the dotted line is overwritten at the same level with a dashed horizontal line.
As in the red circle in the diagram above, the red and blue lines may not have reversed, but upon closer inspection they may already have reversed, so it’s important to apply the concept of resistance-support reversal by entering without waiting for a signal.
The indicators used today are as follows.
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Lifestyle Indicator Type Break USDJPY 15-minute version and separate selling tool EA
http://fxmt4indicator.abproducts.biz/wp/?p=2687
when the price is falling and you break the previous low, sell;
Signal, email, and alert: resistance-support reversal signals are also available!
With the launch of Lifestyle Indicator, we changed the blog title to “Lifestyle Indicator FX Research.”
It means: among individuals’ trading windows, consider the most optimal method!
The idea is that line trading, resistance-support reversal, Dow theory, Elliott waves, and technical indicators are all encompassed within the set of optimal methods.
Sorry for changing it repeatedly.
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