can you explain what type of indicator your support resistance is
what does it use to calculate the lines
How is the gridpips used
Thank you
Quote:
Originally Posted by oilfxpro
Hi folks
I am now using a 1 min charts on currencies and oil.It is working profitably for me because once I enter the trade, the trade is managed manually depending on time of day,related positions ,profit target for day etc.Once I reach my profit target I am out
These are the indicators I am using oilfxpro rsioma,lwma 36,75 and 120 and rsi 14 plus ma crossover signal
Traders can trade it manually by setting the above three moving averages and rsi 14 plus m/a crossover signal.Inplace of the rsioma indicator indicator ,use the waddar attar explosion .
When the Waddah attar shows 2 consecutive spikes and price breaks out of resistance enter the trade
The OILFXPRO intraday support and resistance indicator is useful for currencies but not good for oil
Attached is image of D T S S
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