First I want to thank Tradesmart since this strategy is inspired by his Simple strategy.
This forum has been very helpful to me and i've learned a lot, so this is my way of thanking all of you.
Ok, now let's get started. This strat is very simple and should get you a nice win rate. I'm using it on 1m and 5m chart with expiry of 5m and 30m.
Rules for call:
1. Price is above SMA ( beginning of the candle with the arrow )
2. Buy arrow
3. Inverse Fisher is below 30 ( on the candle with the arrow )
Rules for put
1. Price is below SMA ( beginning of the candle with the arrow )
2. Sell arrow
3. Inverse Fisher is above 70 ( on the candle with the arrow )
Here is the screenshot
Indicators and template
Test it on demo and share results.