The Gisho Strategy is a trending strategy designed to work within a stable trend on the EURUSD and GBPUSD currency pairs. The recommended working timeframes are from M30 and higher.
The Gisho strategy is implemented using three indicators: the classic Ichimoku indicator, the Gann_HiloHisto indicator and the GG-RSI-CCI indicator.
You can download these indicators for free on our website in the Indicators section.
Conditions for opening long positions according to the Gisho strategy:
Conditions for opening short positions on the Gisho strategy:
This strategy also has one interesting feature.
When you look at the Gann_HiloHisto indicator and wait for the color of its bar to change, note that if the indicator bars have been painted the same color for a long time, for example blue, it is a sign of a steady trend. If then the bar changes its color to red, and the next after it turns blue again - this is a very strong signal to buy in an uptrend.
The same is true with sell signals, but with opposite color values.
The Gisho strategy is one of the few strategies that are tailored to specific currency pairs. You can experiment with this strategy on different timeframes of the EURUSD and GBPUSD currency pairs, while adhering to the clear rules of money management.
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