The “Elder’s Triple Screen” strategy
Many different trading strategies and tactics are used on the financial market. “Elder’s Triple Screen” is considered one of the most effective and simple to use. Using this system, you will always trade in the direction of main market trends and figure out the best time to conclude transactions. How does the principle of “Triple Screen” work? The main advantage and difference of this strategy from others is the use of multiple timeframes for market analysis. You analyze the global trend on the oldest timeframe (5 min) to conclude transactions…
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