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The Puria method is a Forex scalping strategy that allows you to earn an average of 50 pips per day!
Forex strategies based on the puria method use extremely simple indicators, these are several moving averages and MACD.
Since the indicators are standard and they are in every MT4, here you can download a template with ready-made settings, which you just need to install on the chart and start trading.
This strategy is recommended to be used only with the recommended currency pairs below.
After practicing and testing the strategy, each pair has specific parameters identified, namely: Take Profit and Timeframe.
Here is a visual table with pairs for trading using the Puria Method strategy:
currency pair | Timeframe | take profit |
AUD/JPY | M30 | 15 points |
EUR/USD | M30 | 15 points |
AUD/USD | M30 | 10 points |
USD/CAD | H1 | 20 points |
NZD/USD | H1 | 25 points |
CHF/JPY | H1 | 15 points |
USD/JPY | M30 | 20 points |
EUR/JPY | M30 | 15 points |
EUR/GBP | H1 | 10 points |
USD/JPY | M30 | 15 points |
USD/CHF | M30 | 10 points |
EUR/CHF | H1 | 15 points |
Definition of signals according to the strategy PURIAT METHOD
1. A buy trade is opened when the yellow moving average crosses two red MAs from bottom to top;
2. The MACD indicator should close one bar above the zero level;
3. Stop Loss by 15 points;
4. Set Tale Profit in accordance with the table above for the pair you are trading on.
1. A sell order is opened when the yellow MA crosses two red moving averages from top to bottom;
2. Also, the MACD indicator should close one bar below zero;
3. Stop Loss by 15 points;
4. Tale Profit look at the table above.
Trading recommendations
Recommended couples: listed above in the table (+ you need to look more to have a small spread);
Timeframe: given in the table for each pair;
Recommended Broker: FinMaxFX
Template + indicators
To download the Puria Method strategy for free, you need to leave some comment on this article, immediately after that a link to download the necessary files will appear here.