The currency pair NZD/CAD hit a low last Week at around 0.84. Today the price tests again these levels (0.84) with extremely low values of STS_RSI_MTF_Indicator on the large Timeframes - Monthly - 27, Weekly - 16, Daily - 22, H4 - 25. We loaded our STS_Zig_Zag_Bot to open long positions in each M30 candle in which we have a descending 12-period Zig Zag, so that we can place as many orders from the lowest levels as possible.
Since the signal is from the large Timeframes and is expected to move more, we have set STS_Zig_Zag_Bot to open positions on the M30 timeframe, but close them on the H4 timeframe when the first value of a 20-period Zig Zag appears.
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Get your STS_Zig_Zag_Tester now: https://smarttradingsoftware.com/en/market-testers/prd/sts-zig-zag-tester/
Get your STS_ATR_Distance_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/atr-distance-indicator/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
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