“Extremely Easy” Trading Strategy

The trading strategy that I share in this article is the author of the name pretty humorous “Extremely easy.” I myself find the author very true, but perhaps this strategy is more suited to the newbie than the experienced trader, as they can use more advanced techniques instead of the basic knowledge in this strategy.

Why is it for a newbie?

Because the way of analyzing the market as well as the order entry is close to the basic techniques that a trader needs to learn. If you’re new to the market and still lurking behind hundreds of strategies out there, this is the one for you.

Indicators for this strategy

We need four basic indicators to use in this strategy:
EMA 5 set the price close
EMA 10 price set close
Stoch (10,3,3) set the simple method MA
RSI (9)
Note that the strategy only applies to H4

Rule on the command

With long: The first signal needed is the 5 EMA cut to the EMA 10. At that time, we will match the other two conditions as the positive Stoch (ie, the stochastic crosses above the signal line) but not Stoch Investors are in overbought (above 80) and RSI and above 50. Converting to above conditions, a buy order may be considered.

Short: First we wait for the 5 EMA to cut below the 10 EMA. With this intersecting signal, we will consider whether the Stoch is negative or not (Stoch has cut below the signal line), and importantly Stoch does not fall into oversold (below 20), and RSI is lower than 50. A sell order can be entered if all of the above factors.

Exit rule

We will place a stop loss at the nearest high swing low / high. You can add more references to the swing points here. The swing is the closest reversal point. An example of Stoploss with this strategy.

As illustrated above, we will put a stop loss at swing high is the latest reversal.

It’s a stop loss based on R: R. From the entry level to the stop loss will be 1 R. From this you will calculate TP based on R: R this, preferably from 1: 1 to 1: 2.

Wish you success with this strategy.

Happy Trading

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