PVSRA (Stochastic and MA)

P = price
V = volume
S = support
R = resistance
A = Analysis

You can read about PVSRA in these 2 threads:

1°: Tradeathome’s PVSRA (price, volume, S&R analysis)
Link: https://www.forexfactory.com/thread/...me-sr-analysis

2°: PVSRA and Cigarguy scalping link: https://www.forexfactory.com/thread/...-with-cigarguy

If there are 2 threads about PVSRA, why create another thread?

- Because PVSRA is the basis of all graphical analysis studies. But here, the basis of our study will be analysis, from which we have support and resistance points. The indicator will show the correct timing of price action and volume.

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This post is meant to get you started working on or fixing some bugs you encounter in your operations, and to do that, we're going to do a little challenge:

1° week - Stage 1;

- Only 1 trade of 0.05 lots
- You need to use stop loss
- You need to end the week with a profit.
- No transactions can be conducted between the last 4 hours and the first 4 hours of each day.
- Not a trade deficit.
- Not a trade disagreement.

Good luck with your first week;

2° Week - Stage 2;

- Change Fibonacci levels to -1.5, -1, 0, 1, 2. And use a risk/reward of 1:2.
- Level -1.5 = Stop Loss;
- level-1=none;
- Level 0 = None;
- level 1 = target 1;
- Level 2 = Target 2;
- Draw Fibonacci using small movements or quality candles;
- Open 2 trades and move Fibonacci 0 level into the trade and set stop loss and target;
- After closing a position, you will not be able to conduct any transactions for at least 1 hour.

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How to trade using this template?

- Use M1 chart for scalping;

- Buy:

- Wait for the price to break above the moving average and the last top;
- Wait for consolidation above the moving average;
- Buy on breakout;
- Set stop loss below the bottom;
- target = random - level 20;

- Sell;

- Wait for the price to cross below the moving average and below the last bottom;
- Wait for consolidation below the moving average;
- Sell on breakout;
- Set stop loss above the top;
- target = random - level 80;

- In post #5, provide links to some trading examples;

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