Puria Method Indicative Strategy
Puria Method Indicative Strategy Trader level Type of strategy Experienced Trend Trend Timeframe Assets to trade
5-300 m Currency pairs, Indices,
Cryptocurrency The Puria Method trading strategy has existed for a very long time. Many stock traders prefer it for its simplicity and efficiency. If you have never heard about it or have never used it, now it time to try it! Let's see how it works. Strategy Template Setting The main principle of the Puria Method is to follow the trend. The Moving Average indicator will help you to determine the trend, and the beginning of each new wave of price growth and reduction is easy to define using the MACD indicator (Moving Average Convergence/Divergence). Open the Binomo platform and select the MACD indicator:Set the following parameters: Set the following parameters: Fast Length – 15 Slow Length – 26 MACD length – 1 Everything else remains unchangedng. Now, we need to apply two Moving Average indicators to the quotes chart. The first one should be set as follows: Length – 75 Weighted Red Leave the other settings unchanged. The second one should be set as follows: Length – 85 Weighted; Violet Don't touch the other settings either. How to trade using this strategy Trade UPWARDS if :- The MACD line has crossed the zero level upwards. This is usually a preliminary signal, so you shouldn’t make a trade on it right away - you need to wait for confirmation. The price has crossed the Moving Averages from below upwards. The Moving Averages have crossed in the upper direction and are located under the quotes - this is the confirmation signal. Trade DOWNWARDS if :- The MACD line has crossed the zero level downwards. This is usually a preliminary signal, so you shouldn’t make a trade on it right away - you need to wait for confirmation. The price has crossed the Moving Averages from above downwards. The Moving Averages have crossed in the lower direction and are located above the quotes - this is the confirmation signal. Expiration Periods and Money Management We recommend you choose a shorter time frame otherwise you will have to wait quite a while for the signals. Expirations should start at 10 candles of the trading TF. In other words, for 5s it would be 1 minute or more, and for 1m it would be 10 minutes or more. Do not forget about risk management! Do not use more than 3% of the funds available on the trading account when making a trade! You can watch this video for more better information about this strategy.