R Strategy - Forex Trading Signals and Technical Analysis
Title
R Strategy Trading Signal
Element(s)
  • R Strategy

What is R Strategy?

Frequently, market strategies based on robust and structural algorithms have highly prosperous outcome comparing with complex and multiplex strategies.

In R strategy, Resistance line can be detected by connecting last 3 consecutive peaks on Bullish trend or 3 successive valleys on Bearish trend with a Trendline.

If price breaks this Trendline and bounces back, powerful trading signal can be detected when a powerful candlestick appears on the spot where price crosses the Trendline toward opposite direction of the major market trend.

There would be two Take Profit prices considering other confirmations and signals, hence two Stop Loss prices.

Buy signal

On a downward trend, market price had formed 3 consecutive valleys that are connected by Trendline.

The Trendline is a powerful Resistance line with certain downward slope. After Price had crossed the Resistance line toward downwards, it bounced back.

If price passes the Resistance line toward up where a powerful candlestick appears on the breakout spot then a Buy signal will be generated in case that Close Price of the given candlestick is over the Resistance line.

  • Entry Price: Over High Price of the candlestick on the Breakout spot
  • Take Profit:
    1. Length of the last candlestick over Entry Price
    2. The height from the returning spot to the Close Price of last candlestick, over Entry Price
  • Stop Loss:
    1. The Low Price of the last candlestick
    2. Below last price valley

Sell signal

On an upward trend, market price had formed 3 consecutive peaks that are connected by Trendline.

The Trendline is a powerful Resistance line with certain upward slope. After Price had crossed the Resistance line toward upwards, it bounced back.

If price passes the Resistance line toward bottom where a powerful candlestick appears on the breakout spot then a Sell signal will be generated in case that Close Price of the given candlestick is below the Resistance line.

  • Entry Price: Below Low Price of the candlestick on the Breakout spot
  • Take Profit:
    1. Length of the last candlestick below Entry Price
    2. The height from the returning spot to the Close Price of last candlestick, below Entry Price
  • Stop Loss:
    1. The High Price of the last candlestick
    2. Over last price peak

R Strategy

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