15. Daily Price Action Indicator Strategies (36) Environment Everything from the beginner’s course Jump up ^ Gabriele Galati, Michael Melvin (December 2004). "Why has FX trading surged? Explaining the 2004 triennial survey" (PDF). Bank for International Settlements.
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Creativity Forex Simple Sibuk Strategy is an advanced trading tool which is very much static and provides a vast amount of price action based information to its users. It uses RSI candles along with Sidus Crossover Signals and utilizes the combination as a double filter of trading signals. This strategy is applicable on any currency pair and from M15 to any higher timeframe charts.
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The indicator has two scales: positive and negative. The middle line of the oscillator is a “0” mark which separates -/+ areas. If histogram crosses it and moves downwards – it’s a “sell signal”. If histogram crosses the zero mark and moves upwards – it’s a “buy signal”.
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