DAMIANI Volatility Meter Trading System is a simple “trend following” strategy based on Damiani VolatMeter, RSI Chart bars as a filter and Brooky KST momentum indicator.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
- Time Frame: M30, H1, H4, and Daily
- Currency Pairs: GBPUSD, EURUSD, USDJPY, and all Major Pairs
MetaTrader Trading Indicators
- Damiani VolatMeter
- Brooky KST Advanced Analysis
- iMAX3
- RSI Chart Bars
- RSI Bars
BUY Rules
- Damiani VolatMeter blue line upward above the downward red line
- Brooky KST histogram blue color and above the 0 line
- iMAX3 aqua line > blue line
- RSI Chart Bars blue color
SELL Rules
- Damiani VolatMeter blue line upward above the downward red line
- Brooky KST histogram red color and below the 0 line
- iMAX3 aqua line < blue line
- RSI Chart Bars red color
Trading NOTES
- Initial Stop loss on the previous swing
- Risk Reward Ratio 1:2 or 1:3