Forex Strategy Ash is a forex trading strategy. Forex Strategy Ash system is a reliable forex trading strategy as it doesn’t contain any fake or fancy indicators. The indicators used in this forex trading strategy are simple, powerful and very effective. Not to forget the fact that Forex Strategy Ash is a forex trading system that is designed to trade in a trending currency market. The systems developed to trade in a certain kind of market environment might now work in another market environment. The strategies that are suitable in daily and 4-hour chart will not be appropriate to scalp in 1 minute chart.
Forex Strategy Ash consists of four amazing technical indictors. There are four indicators and each of them says different thing about the market so when all these four are combined the signal generated by the system is really powerful. When the Forex Strategy Ash is installed correctly on your trading platform your chart should look like this:
Out of four indicators one indicator is on the main chart and others are at the indicator window which lies at the bottom of the main chart.
- Parabolic SAR
Parabolic SAR is an indicator that is formed by joining the green small dots. The dots appear above and below the charts. Appearance of the green dots below the price chart indicates the bullish pressure in the market and vice versa.
Stochastic consist of two oscillators of blue and red color. This indicator can be used to figure out the overbought and oversold territories. You wouldn’t be buying at the overbought zone whilst you would not be selling at the oversold territories.
- Accelerator Oscillator
This indicator consists of histogram that has red and green bars. Green bars of histogram imply the bullish move in the market while the red bars of the histogram imply the bearish move of the market.
- Awesome Oscillator
Awesome Oscillator looks similar to Accelerator Oscillator. Though these two indicators looks very similar, the algorithms used to create them are different so are the indicators’ nature.
Buying Conditions Using Forex Strategy Ash.
- Parabolic SAR should appear below the price chart.
- Stochastic should be trending higher.
- Accelerator Oscillator should form green bars.
- Awesome Oscillator should form green bars.
- Place your stop just below the recent swing low.
- Take your profits when the stochastic falls down to the level of 50.
Selling Conditions Using Forex Strategy Ash.
- Parabolic SAR should appear above the price chart.
- Stochastic should be trending lower.
- Accelerator Oscillator should form red bars.
- Awesome Oscillator should form red bars.
- Place your stop just above the recent swing high.
- Take your profits when the stochastic rises higher to the level of 50.
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