******************PLEASE READ THE UPDATED STRATEGY AT THE BOTTOM OF THE PAGE**********************Hello Gang
Since alot of you folks are newbies here I've come up with a simple yet a very effective n secure strategy that will help u make $$$ if used as instructed

. The strateg can be used with any charts but i prefer to use it in the 5 mins chart cause it produces more signals and i dont need to spend too much time next to the screen

. Please note this strategy works well when the market is going sideways and also when the market is quite however its not very effective when there are big moves and trends going. Each trade can be between 4 - 20 pips on average. If you follow this strategy on the 5min chart please stick to a 20 pip stoploss to make the strategy secure and also to control your losses. Another important point to note is that to keep a aim for each day. I would advice u to aim for 20 pips per day and then not to trade until the next day cause the longer u spend trading the more chance u have of losing what u have earned REMEMBER THAT!!!! Now lets get to the strategy.....
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Indicators Required
1. Daily Pivots - Gives you a general idea of where the trend will be moving to and also likly to reverse.
2. William %R
3. 3D Oscilator - A custom made indicator that gives u signals.
I have attached all the indicators below for MT4

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Please also follow the screenshot below along with the instructions for a better understanding.
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Wait until the William %R reaches overbought or oversold position.
If William %R is in the Overbought position u look for a Sell candle to appear as shown on the screenshot and at the same time u look for the sell signal to appear on the 3D Oscillator indicator. When this occurs do a sell straight away with a stoploss of 20 pips.
To close the position u wait for the William %R to go to the oversold position and u see the first buy candle or buy signal appearing at which point u can close the position. Or u can close the position whenever u make a little profit

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To buy a position follow the strategy vice versa.
Please stick to the 20 stoploss and don�t change it because even if the trade goes against u the market will produce alot more signals with this strategy and you will be able to recover the loss quickly. When u hit 20 pips profit don�t trade no more until the next day.
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If anyone knows how to improve this strategy even more please post your ideas or u can pm me anytime

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Happy trading