SR Interpretation System analyses an instrument’s movements and trends emphasizing static levels of Support and Resistance to find trade opportunities. You can download the SR Interpretation System for free and test it out.
How to trade with SR Interpretation System
Conditions to Buy
In order to long an instrument wait for an area of support to be formed. Make sure it is tested by the price action.
Conditions to Sell
In order to short an instrument wait for an area of resistance to be formed. Make sure it is tested by the price action.
When the trend indicators align you may open a sell position; SuperFast forms red bars, BSTrend is red, Hull crosses the TM555 to the downside, and inverse RSI fisher is down.
Exit position
Stop loss should be set below and above Support and Resistance areas accordingly. Risk reward ratio should be around 1.3 to 1.5
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