COG Master Strategy
1. On the higher time frame (H4), wait for the FxCOGMaster H Histogram and Yellow SMA line to close below the Oversold line. 2. On the higher timeframe (H4), confirm that price is at or near the lower Green FxCOGMaster channel line. 3. If the above conditions are met, switch to the lower timeframe (H1). 4. On the lower timeframe (H1), wait for FxCOGMaster H Histogram to close above the Yellow SMA Signal line. 5. On the lower timeframe (H1), wait for price to close above the 9 SMA on the price chart. 6. If the above conditions are met, enter a Buy trade at the open of the next candle. 7. Set your Stop Loss below the most recent swing low on the lower timeframe (H1). 8. Set your Take Profit the same distance away from the entry level as the stop loss (1:1 risk/reward ratio) or exit the trade manually when price touches the Blue middle FxCOGMaster line or the upper Green FxCOGMaster line. |
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