Oversold & Overbought Zone Forex Volatility Strategy

This system is intraday trading and works on a 15 minute and 30 minutes timeframe. This is applicable to all currency pairs.

Forex  Indicators:

• Overbought and oversold zone indicator;
• Damiani volameter, (The trades zone are ” the not trade zones Damiani Voltameter” );
• Pivot Points levels.

Rules:

• Trades Zones are when green line of Damiani Volameter is below line gray

Buy entry:

• The value of the Overbought and oversold zone indicator must reach or breaks the level of -8;
• Buy the first when it turns red reaches or breaks the level (-4).
• Open buy position at open next bar.

Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of -8 and the level -4, Do not Enter a trade.

Sell entry:

• The value of the Overbought and oversold zone indicator must reach or breaks the level of 8;
• Sell the first when it turns red reaches or breakes the level (4).
• Open sell position at open next bar.

Note: if the value of the Overbought and oversold zone indicator reaches or breaks the level of 8 and the level 4, Do not Enter.

Exit Position:

• Profit Target predetermined that dependes by pairs and time frame;
• The Pivot Points levels.

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