I tested this on various days charts and would like to thank you for posting this method. It looks so simple yet very effective when in used in combination of other indicators n just the general trend. All this with a small stop loss when hit and now with the additional parameter of a 5-min candle closing i will test it from monday and see how it goes.
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Dear Friend,
Appreciate your time and efforts to back test the SKFC - NFSAR strategy.
We are happy to know that SKFC - NFSAR strategy is reaping profits over a period of time.
We believe that simple and effective strategy can yield better results than complicated TA charts and AFL's. In addition our mind does not have to work hard to figure out the trend. This results in less stress and makes trading a pleasant experience.
You may include one or two of the TA indicators like MA, EMA, RSI, Stochastics, ROC, CCI, etc...coupled with a choosen time frame along
with SKFC - NFSAR to do intraday trades and thus increase the yield.
But beware intraday trades may eat away into your positional yields.
Best Regards,
SKFC Team