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MCX Strategy

This document describes a trading strategy using the 200 EMA, Heikin Ashi, and Alligator indicators. It provides rules for entering short positions when the price is below the 200 EMA and Alligator lines and long positions when above. Examples on silver and crude oil charts demonstrate profits taken using this strategy on 15 minute, 30 minute, and 1 hour timeframes.

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Rajen Vyas
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378 views

MCX Strategy

This document describes a trading strategy using the 200 EMA, Heikin Ashi, and Alligator indicators. It provides rules for entering short positions when the price is below the 200 EMA and Alligator lines and long positions when above. Examples on silver and crude oil charts demonstrate profits taken using this strategy on 15 minute, 30 minute, and 1 hour timeframes.

Uploaded by

Rajen Vyas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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This is a very simple strategy which is making money for

me hope it also prints a lot of money for you take your


time and watch the charts for some time, take some
paper trades and give yourself time to adjust to the entry
and exits
This strategy uses three indicators

1- 200 EMA- This is used to determine the current trend and keeps us away
from consolidation or ranging period.
2- Heikin Ashi- this is used to pin point our entry and enter into trade as soon
as the move starts
3- Alligator- This is simply used to determine what we have to do buy or sell. If
the price is below the alligator take only sell trades and if the price is above
the alligator take only buy trades.

Rules for executing a Trade


For sell
1- The price should be below 200 ema.
2- The price should be below the alligator 3rd line.
3- Take sell on the first bearish heikin ashi candle you see and keep your sl
few points above the alligator.
This strategy works in time frame m15, m30 and h1
Examples
1- Silver 1hour time frame: As you can see in the picture at the red arrow our
every condition gets fulfilled for sell. Price is below 200 ema(yellow line),
price is below the alligator, heikin ashi candle is red our entry was at price
of 40,900 and exit was at 40,200(upward red arrow making a profit of 700
points or Rs 21,000.

2- Crude oil 30 min: As you can see in the chart we entered at the candle
where red downward arrow is placed at price of 3290 and exited at the
market close price of about 3200 upward red arrow making a profit of 80
points or making a profit Rs 8000 on mega lot of crude.
For buy trade take the opposite of sell conditions and stay away from
counter trend trades to be maximum profitable.

GOOD LUCK, HOPE IT HELPS!

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