Outside DayThis strategy is taken from Perry Kaufman's book "Trading System and Methods".
You can enter on the direction of the candle, or opposite to it. I find that the opposite tends to yield better results in volatile assets, allowing a better reward to risk ratio. There is no stop loss in this strategy, only a fixed take profit and a time limitation.
Outsidebar
Advanced OutSide with HMA and Klinger Forex Swing strategyThis is a swing forex strategy, adapted for big timeframes, such as 4h+.
For this example I adapted the strategy to EUR USD main forex pair.
Its components are:
Outside condition
Klinger Oscillator
Hull moving average
Rules for entry
For long: if current high is bigger than previous high and current is smaller than previous low and klinger is positive, close of the candle is above lsma and we have a bull candle.
For short: if current high is smaller than previous high and current is bigger than previous low and klinger is negative, close of the candle is below lsma and we have a bear candle.
Rules for exit
We exit when we have a reverse condition
We exit in case we hit the tp/sl based on % movement of the price.
If you have any questions, let me know !
