📊 Triple Screen Trading Strategy
Created by Alexander Elder back in 1985, this strategy remains one of the most effective ways to filter signals and stay aligned with the market trend.
✅ Screen 1 – Weekly (Trend)
Use MACD or Moving Averages to define the big picture. Find the trend here!
✅ Screen 2 – Daily (Correction)
Apply oscillators like RSI/Stochastic to spot pullbacks against the trend. That’s where opportunities appear.
✅ Screen 3 – H4/H1 (Entry)
Zoom in for precise entries. Look for breakouts, candlestick signals, or support/resistance touches and set your risks (TP and SL).
⚡️ Idea: Ride the tide (trend), enter on the wave (correction), and time the ripple (entry).
✅ A proven strategy for decades that blends discipline, risk control, and clarity.
🔍 The essence of the approach is multiple confirmations of one’s idea, from a larger to a smaller timeframe.
#education
Hit ❤️ , save, or share this post and see how this strategy works in practice!
📲 Start Trading with FBS
@fbsanalytics
Created by Alexander Elder back in 1985, this strategy remains one of the most effective ways to filter signals and stay aligned with the market trend.
✅ Screen 1 – Weekly (Trend)
Use MACD or Moving Averages to define the big picture. Find the trend here!
✅ Screen 2 – Daily (Correction)
Apply oscillators like RSI/Stochastic to spot pullbacks against the trend. That’s where opportunities appear.
✅ Screen 3 – H4/H1 (Entry)
Zoom in for precise entries. Look for breakouts, candlestick signals, or support/resistance touches and set your risks (TP and SL).
⚡️ Idea: Ride the tide (trend), enter on the wave (correction), and time the ripple (entry).
✅ A proven strategy for decades that blends discipline, risk control, and clarity.
🔍 The essence of the approach is multiple confirmations of one’s idea, from a larger to a smaller timeframe.
#education
Hit ❤️ , save, or share this post and see how this strategy works in practice!
📲 Start Trading with FBS
@fbsanalytics
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