forex strategy- sidu trend

Sidus Trend Following Forex Strategys

Forex Strategy

Sidus Trend Following Forex Strategys

The Sidus strategy represents a buy on dips and sell on rallies strategy. Just the perfect strategy to minimize your trading risk. It is based on the 200 simple moving average and 2 custom built trading indicators designed to enter the trade in the primary direction of the trend.

Trading Tools/Settings

Used Indicators: 200 period Simple Moving Average, Sidus v.2, schaff-trend-cycle
Time frame(s): 30 Min and above
Trading sessions: All
Currency pairs: All

Download

Download the Sidus Trend Following Strategy.

GBP/USD 1 Hour Chart Example

sidustrend1

Trading Rules

Long Entries:

  • Price must be above the 200 simple moving average (bullish territory)
  • Sidus UP arrow
  • Schaff trend cycle indicator totally oversold (0.00 readings)

Place protective stop-loss below the most recent support area or at the 200 SMA line (conservative traders). Exit your position when the price crosses back below the 200 SMA or take profit at 1:2 risk to reward ratio (i.e., risking $100 to win $200 – or use any other method).

Short Entries:

  • Price must be  below the 200 SMA (bearish territory)
  • Sidus DOWN arrow
  • Schaff trend cycle indicator totally overbought (100.00 readings)

Place your stop-loss order above the most recent resistance area or at the 200 SMA line. Exit short trade when the price crosses back above the 200 SMA or take profit at 1:2 risk-to-reward (or use any other method).

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