Hello everyone
We can call this system a trend follower system as good as a scalping system.
all we need is a M5 chart with 2 moving averages and a zigzag indicator.
Rules and procedures:
1 - Wait for a zigzag alert .
2 - price must be above LMA50 for buy and below LMA50 for sell .
3 - try to find the signal candle (a signal candle is a candle that has a clear close above MA 8 & MA 50 for Buy and below MA8 & MA 50 for sell) .
.......................................................................
Entry:
one pip above the signal candle for Buy , and one pip below the signal candle for sell
-- Stop loss, one pip above signal previous candle, for sell . and one pip below signal previous candle, for Buy
-- Exit (at scalp mode)one pip below the candle that has a clear close below MA 8 , for buy order . and one pip above the candle that has a clear close above MA 8 , for sell order
..............................................................
sorry for my bad English, that`s because, English is not my nation language, but believe me this system is very powerful , and logical .if you obey the rules , i promise you this system will change your life .
below i tried to have some explanation on the chart , hope it be helpful.template and indicator is attached.
have a good trade.
(kayvan)
We can call this system a trend follower system as good as a scalping system.
all we need is a M5 chart with 2 moving averages and a zigzag indicator.
Rules and procedures:
1 - Wait for a zigzag alert .
2 - price must be above LMA50 for buy and below LMA50 for sell .
3 - try to find the signal candle (a signal candle is a candle that has a clear close above MA 8 & MA 50 for Buy and below MA8 & MA 50 for sell) .
.......................................................................
Entry:
one pip above the signal candle for Buy , and one pip below the signal candle for sell
-- Stop loss, one pip above signal previous candle, for sell . and one pip below signal previous candle, for Buy
-- Exit (at scalp mode)one pip below the candle that has a clear close below MA 8 , for buy order . and one pip above the candle that has a clear close above MA 8 , for sell order
..............................................................
sorry for my bad English, that`s because, English is not my nation language, but believe me this system is very powerful , and logical .if you obey the rules , i promise you this system will change your life .
below i tried to have some explanation on the chart , hope it be helpful.template and indicator is attached.
have a good trade.
(kayvan)
Attached File(s)
#4X 3 Semafor Alert look like flowers.ex4
11 KB
|
824 downloads
|
Uploaded Jan 18, 2012 1:34pm
kayvan.tpl
8 KB
|
697 downloads
|
Uploaded Jan 24, 2012 2:02pm