I've been using this system off and on for a while. Recently added another indicator to it, the arrows. And I had it coded with alerts for when all conditions are good...all red or all blue. I don't have time to sit in front of my PC all day, nor would I want to. So it's handy to get email alerts!
I tend to like color coded systems. Just works better for me.
The system includes:
I tend to like color coded systems. Just works better for me.
The system includes:
- Fast Moving average that changes Blue/Red
- Slow Moving average that changes Blue/Red
- Trend Meter that changes Blue/Red and shows Volume (similar to MacD)
- Stochastic with cross alert
- Buy/Sell arrows based on All conditions Red/Blue, with pop up and Email Alerts HeikenAshiZone candles that change from Red, Gray, Blue
Basically I trade it like this:
SELL: Arrow and When HeikenAshiZone candles are Red, both MA's are Red, trend is Red, and stochastic less than 80. (arrows are coded to only appear when all indicators are red and candles) But I filter my trades by volume and Stochastic too. Keeps you out of ranging trades.
BUY: Arrow appears, HeikenAshiZone candles are Blue, both MA's are Blue, Trend is Blue and stochastic is greater than 20.
Link to system.
Inserted Video
~5StarForexSystems~