Forex

Setup Stormer


Graph configuration and buy and sell signals based on Stormer’s  (Alexandre Wolwacz, Brazilian trader) swing, position and day trade strategy, described on his youtube channel (https://www.youtube.com/watch?v= 0QZ_NjWkwl0)
The buy and sell indications are based on 2 candle patterns (Inside Bar [Yellow] and Reversal Closing cost [Blue and Red]), 3 Moving Averages and 1 Stochastic.
  • Inside Bar – Candle pattern signaling fad continuity, or reversal
  • Reversal Closing price – Candlestick pattern indicating tendency reversal
  • Moving Averages – Used to determine the price trend
  • Stochastic – Used to examine the states in which the market offered or bought more than it should, and therefore there is the possibility of creating tops and bottoms
  • Inside Bar – Candle pattern signaling fad continuity, or reversal
  • Reversal Closing price – Candlestick pattern indicating tendency reversal
  • Moving Averages – Used to determine the price trend
  • Stochastic – Used to examine the states in which the market offered or bought more than it should, and therefore there is the possibility of creating tops and bottoms
Read More…

How to use:

When there is an opportunity to buy or sell, the indicator will show a Fibonacci Expansion containing the following values:
  • buy/sell – Recommended entry value of a trade
  • stop – Recommended value for placing the operation stop
  • 100% – Value of the objective to partially carry out the operation. At this moment, you can move the stop of the operation to guarantee the profit
  • 161.8% – Operation profit target value
  • buy/sell – Recommended entry value of a trade
  • stop – Recommended value for placing the operation stop
  • 100% – Value of the objective to partially carry out the operation. At this moment, you can move the stop of the operation to guarantee the profit
  • 161.8% – Operation profit target value

IMPORTANT! The operation can only be entered up to 2 candles after the SIGNAL is displayed.

Ex. If the input signal was an Inside Bar [Yellow], enter the candle only after the Inside bar or the Next Candle. If the entry signal was on a reversal candle [Red, Blue], enter only the candle after the reversal candle or the next candle.

IMPORTANT! The operation can only be entered up to 2 candles after the SIGNAL is displayed.

Ex. If the input signal was an Inside Bar [Yellow], enter the candle only after the Inside bar or the Next Candle. If the entry signal was on a reversal candle [Red, Blue], enter only the candle after the reversal candle or the next candle.



Forexbotreview.com Forex Algo Trading

Related posts
Forex

Will the pause in the markets last long? BTC, WTI, Nasdaq, EURUSD. Weekly market analysis.

Forex

Bitcoin crashes, OIL IS NEXT?! How and where can oil fall this week? Weekly market analysis.

Forex

Is the scribe already here? The worst fears about the US market are confirmed: Nasdaq, SP500, TSLA. Weekly market analysis.

Forex

Ruble is NOT Lira! Why Ruble and Turkish Lira cannot be compared?

Sign up for our Newsletter and
stay informed

Leave a Reply

Your email address will not be published.