Hi folks
This is a 1 minute crude oil trading system
Place lwma 36,75 and 120 on charts
Place indicator rsi 14
Waddah attar explosion for metatrader or something similiar
Charts 1 m
Place minimum stop loss of 35 and a profit target of ATR
Move to breakeven after 35 points and use tsl 50
When 36 wma is above 75 wma and both of them are above 120 wma , rsi is above 50 and waddah attar explosion indicator shows 1/2 spikes of same colour , enter the trade.Look for trend confirmation before entry ie two succesive peaks for long
Look to see support levels and check heating oil futures.Entry on the first pullback
Exit on first sign of a weakening trend/end of day/end of day's trend/resistance
Anybody trading this system please let me know how it is going and please post results
OILFXPRO