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Trading system Base 150 - armor-piercing classics

The world belongs to the patient.
Jack trout

However, a typical forex beginner, after reading the rules of the system, does not get good results. Why? What is missing in the description of this strategy in Russian-language forums? Let's figure it out.

Characteristics of forex strategy Base 150

Platform: any
Currency pairs: EURUSD, GBPUSD, USDCHF, USDJPY
Timeframe: H1-D1
Trading time: around the clock
Recommended DC: Alpari, Exness

Reference Section

The principle behind Base 150 Strategy

Often there is a situation when, after a strong impulse, the price, before continuing further movement, makes a short-term rollback to the nearest level of resistance or support. In our country, moving averages will act as dynamic support and resistance. Our task is to open a deal in the direction of breakdown after the appearance of signs of a reversal.

To determine a significant breakdown, the strategy uses two slow MAs with periods of 150 and 365, and to confirm a rollback, two fast MAs with periods of 6 and 25.

Most trading is conducted on H4-D1 timeframes, which are optimal for this strategy. We will additionally look at the confirmation of entry on a smaller timeframe, which should reduce the percentage of false entries. For D1, this will be the timeframe of H4, and for H4 it will be H1.

Despite the fact that the system can produce a certain number of losing trades, they are more than covered by profits from large trend movements.

Entry and Exit Rules

Buy Login Rules

  • Price hit a slow MA up.
  • MA 6 is at or above the slow MA.
  • After the price touched fast MA, go to the timeframe below and wait for a reversal signal (It is important to note that subsequent MA touches are no longer taken into account, you need to open a deal only after the very first rollback).
  • The same thing when you first touch one of the slow MAs, or 25 MAs.

After receiving the signal on the H4 chart, we are waiting for confirmation at H1 and enter at breaking through the resistance level. Stoploss set at a local maximum. Usually, this is the maximum breakout candle. Take profit - 2 times more stop loss.

When using a more conservative approach, you should wait for the slow MA to touch and only after that look for the entry on a lower timeframe, which in some cases gives a more favorable entry point. Alternatively, both approaches can be used simultaneously and, if possible, be added to the touch of a slow MA.

Entry Rules for Sale

  • Price hit a slow MA down.
  • MA 6 is at or below the slow MA.
  • After the price touched fast MA, go to the timeframe below and wait for a reversal signal (It is important to note that subsequent MA touches are no longer taken into account, you need to open a deal only after the very first rollback).
  • The same thing when you first touch one of the slow MAs, or 25 MAs.
 

To get additional profit, you can use the trailing stop with which you can catch long-term trends. Which way to choose to a large extent depends on the volatility of the pair and for more flat fixed profit is better.

Also, take profit can be set at important levels of support or resistance.

Money management

Position size management in this system is recommended standard - 1-3% per trade. You can calculate the trading lot using our mobile application.

Conclusion

Forex Base 150 strategy to this day remains a powerful weapon in the right hands. For its successful use, it is worth taking only the first rollback to the “heavy” averages (150 and 365), and also looking directly for the moment to enter 1 timeframe below, given the support / resistance levels and Price Action patterns. Your personal filters are also welcome. The strategy that is right for you is the key to success in trading.

Discuss on the forum

P.S. The examples in the video are parsed using the Forex Tester program.

Watch the video: CSS Lunch Series. Michael Kofman on Russian Military Transformation (November 2019).

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