Originally posted by Bogdan G. Click here for the full startegy review
Full Review of the Multiple Time Frame Power StrategyHow to use the Multiple Time Frame strategy
This system takes advantage of the power of two classic indicators that I already talked about in my “Simple Balanced System” review. I am referring to the Relative Strength Index (RSI) and Stochastic Oscillator; you can find them as built in indicators for the Meta Trader 4 platform.
Why the Multiple Time Frame Power system doesn’t Suck?
It doesn’t suck for a simple reason: all entries in line with the higher time frame price direction have a greater chance of success. I don’t want to sound like a broken record, but…the trend really is your friend and you have to know how to take advantage of it. This system makes us pay attention to the big picture, to what happens on the higher time frames and filters out a lot of noise. The Stochastic settings and even the ones for the Relative Strength Index can be adjusted to suit your own style and increase the amount of signals or decrease them