Kumaresan System
Kumaresan system uses a 5 minute timeframe on AUDUSD, EURUSD, GBPUSD and GBPJPY pairs.
- Strategy:
- Focus on Bollinger band
- Look for RSI
- See the trend strength
- Arrow symbol .order of preference are 3, arrow, dot.
For LONG entry:
- Traders must consider first the Bollinger Band. Look for price oscillations in the band either in the top half or in the bottom half.
Kumaresan system using RSI and BB
- There could be a bullish signal when the price is at the bottom half of the band on 4 hrs, 1 hrs, 30 min, 15 min.
- If all is in position, then see the free RSI in the next panel. There must be a convergence from bottom and it has crossed in 5 min.
- Look for the 3 symbol in the chart.
- Enter BUY in the NEXT candle.
For SHORT entry:
- There could be a bearish signal when the price is at the top half of the band on 4 hrs, 1 hrs, 30 min, 15 min.
- If all is in position, then see the FREE RSI in the next panel, it has to be in the converging mode from top in 15 min and crossed in 5 min.
- Look for the 3 symbol in the chart.
- Enter SELL in the NEXT candle.
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