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  • Black King Trading System

     FX141 updated 2 months, 1 week ago 1 Member · 2 Posts
  • FX141

    Administrator
    July 8, 2021 at 21:43

    Long Entry:

    1. RSI Price Line is crossing / climbing above Market Base Line (MBS) and Trade Signal Line from below; placed between 50 – 68 lines and trending up.

    2. Heiken Ashi Bar is green and closing above SMA 5 tunnel.

    3. SMA 5 tunnel is trending up.

    4. QQE alert value 1 is crossing QQE alert value 3 from below.

    You may consider doing an entry if RSI Price Line crossingupper Volatility Band from below. But you must prepare to exit when it moves down.

    Short Entry:

    1. RSI Price Line is crossing/diving below Market Base Line (MBS) and Trade Signal Line; placed between 32 – 50 line, and trending down.

    2. Heiken Ashi is red and close below SMA5 tunnel.

    3. SMA 5 tunnel is trending down.

    4. QQE alert value 1 crossing QQE alert value 3 from top.

    You may consider doing an entry if RSI Price Line crossing low Volatility Band from top. But you must prepare to exit when it climbs up.

    Exit for Long:

    Choose one of the following:

    1. Heiken Ashi bar is much shorter than previous, or change into red.

    2. Bar Heiken Ashi is closing in SMA5 tunnel.

    3. RSI Price Line is crossing Trade Signal Line from top, or it is placed above 68 lines.

    4. QQE Alert Value 1is crossingQQE value 3.

    5. You’ve got more than 50 – 100 pips.

  • FX141

    Administrator
    July 8, 2021 at 21:44
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