CADJPY 15M MFI DAY TRADING STRATEGY WORKS ON FOREX
This is a great Day trading strategy
What ever session you trade this will work
Best on 5m charts but all TF work
Rule 1 - add MFI to chart and change these settings - Length 3 / Levels 0/100
Rule 2 - I like to add the 50 ema to determine what direction I want to trade
Rule 3 - Wait for MFI to hit the 100 level twice if bullish bias trade
Rule 4 - Buy when MFI hits 100 3rd time and there is a green candle close also
Rule 5 - SL nearest fractal low
Rule 6 - you determine TP strategy
What ever session you trade this will work
Best on 5m charts but all TF work
Rule 1 - add MFI to chart and change these settings - Length 3 / Levels 0/100
Rule 2 - I like to add the 50 ema to determine what direction I want to trade
Rule 3 - Wait for MFI to hit the 100 level twice if bullish bias trade
Rule 4 - Buy when MFI hits 100 3rd time and there is a green candle close also
Rule 5 - SL nearest fractal low
Rule 6 - you determine TP strategy
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