Magnet9 Strategy works on USD/JPY pair on main time-frame daily .
The strategy uses 2 main indicators are RSI & ADXR , every day the strategy at the opening of the daily candle check the conditions of the 2 indicators and check the last daily candle was bullish or bearish then open the trade .
The strategy open buy trades if adxr indicator < 95 and Rsi < 98 and last candle close > last daily candle open , and it can open sell trades if adxr indicator >5 and RSI > 2 and the last candle close < last daily candle open . The strategy open trades with the max trade amount 15 and slippage 5 & stop-loss 120 & take-profits 9 pips . The strategy target every month to open 20-22 trades with fast take profits and fast trades to reduce the risk .
The strategy uses 2 main indicators are RSI & ADXR , every day the strategy at the opening of the daily candle check the conditions of the 2 indicators and check the last daily candle was bullish or bearish then open the trade .
The strategy open buy trades if adxr indicator < 95 and Rsi < 98 and last candle close > last daily candle open , and it can open sell trades if adxr indicator >5 and RSI > 2 and the last candle close < last daily candle open . The strategy open trades with the max trade amount 15 and slippage 5 & stop-loss 120 & take-profits 9 pips . The strategy target every month to open 20-22 trades with fast take profits and fast trades to reduce the risk .