 Hello everyone, Naveen Perthiani here from urban4x.com bringing you a new strategy today called the Sing-Up or Swing strategy Let's open up our charts here show you how it's done You've probably read about it on the website and here I'm going to give you a walkthrough on how to get this started All right Let's open up a chart preferably a pair that has low spreads like euro USD or maybe even euro yen And stuff like that. So let's switch on to the 15-minute time frame, which you see right here euro USD 15 minutes Let's insert the custom indicator that you have downloaded which is called the trend line You want to keep the period at 20 and the LSMA period at 20 and What I usually want to do with the width I want to make it a little bit thick so I can view it Quite clearly. Let's make those three as well all of them at three and we can leave everything else the way it is All right, let's click okay Everything is drawn. You can see a uptrend is in blue a downtrend is in red and Let's insert one more indicator called the RS. I it's called a relative strength index and Where that here we go Okay, we want to keep our levels at 30 and 70 The parameters would be at period 14 and apply to close All right, everything else can stay those stay the same. Let's click okay, and we have our RSI down here Okay, so let me show you some examples here. Let's start with the by example. Let's scroll back to and find you one All right, here. We have a by example. You can see that the market was trending all the way down giving us this red to red moving averages and You can see that down here our RSI closed the or start turning down below the 30 level Now once this happens, we want to look out for a candle to break above these red MAs in which K in this case We can see that this one Did it closed right outside of it and you can see that even our RSI? Started trending outside of the 30 now it started it went down to 30 and it's going above it now when this happens at the opening of the next candle we can take along and You can see this trade went against you seven pips and went total in your favor of a total of 24 pips Okay, so that would be your by example You can keep your stops at the swing low of your previous candle, which is right there that would give you a stop of 15 pips and your total Maximum potential on this particular trade was 24 pips All right, let's give you a sell example Let's scroll back here. All right here. We have a sell example right here And we can see that the market was trending upwards which is confirmed by these two blue MAs and We can also see that the RSI went above the 70 level now It's hovering up above there and we're waiting for a candle to close outside of The blue MAs, which is below it and you can see at this point At this candle here, let me draw an arrow for you, so it's easier to see There we go. That was the first candle that closed outside of the MAs and also if you look down here Is our RSI also started going below 70, which is exactly what we wanted the opening of the next candle We would enter a short the trade went against you for a total of 10 pips and it went in your favor for a maximum of 36 pips Your stop if I would personally keep the stop at The swing high of the previous candle which is at 3685 in this scenario. It would be 22 pips away so that's pretty much how the strategy works and It may take time for these traits to come up because it's a very conservative strategy You have to wait for the right setup and it comes on a very occasionally So what you want to do is open up several pairs and keep a lookout for it There are more strategies like this you can log on to urban4x.com and The top of the page you can see there is home strategies. Just click on strategy You can see the list of strategies there. All right until next time take care. Bye. Bye