forex strategy - Alexander Elder. System 3 screens

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Product description

By some estimates, more than 40% of professionals anyway enjoy the system. Moreover, it is the simplest and most well-known of the public system, and we recommend that beginners start with her. The trading system created by Alexander Elder in 1985 and since then, it has actually not changed, indicating that its reliability and wide applicability, as the stock market and the Forex market.

It is no secret that the main problem of trading is that the same indicator may give conflicting signals in different time scales. For example, it may indicate an upward trend on the daily chart and the downtrend on the hourly chart. In other words, the indicators are mixed and the trading signals depending on the time period schedule.

And this problem has only one solution: Split decisions on several stages, analyzing the different timeframes using various tools.

Without a doubt, the best way to come to a clear division method provides three screens. You build 3 graphics and analyze them consistently.

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