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Showing posts with the label Jarroo technical strategy for MT4 & MT5 platform

Jarroo technical strategy for MT4 & MT5 platform

Jarroo strategy is a great trading strategy for long time investment plan. Today, I will show how to use these strategy for trade in forex market. This strategy fit with all types of instruments. And basically work with D1 (day candlestick) timeframe. Instruments: the strategy fits all instruments. Timeframe: D1. LCS=lowest close of support – the level the price could not close below. HCR=highest close of resistance – the level the price could not close above. PBT&CA=price breaks through & closes above – the level the price breaks out and closes above. PBT&CB=price breaks through & closes below – the level the price breaks down and closes below. Jarroo levels are determined as follows. First, we look for swings i.e. local lows and highs in price movements. We then highlight those lows/highs that are made up of at least two candles with an identical close/open. Note that in the strategy, levels are drawn through opens/closes. Rules for entering and exiting Aft


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