Rooster:
The setup is the simplest ever, template and indicator is attached to this post.
Strength:
3 stages of strength, red, yellow or green.
The setup is the simplest ever, template and indicator is attached to this post.
Strength:
3 stages of strength, red, yellow or green.
- Red is weak trend.
- Yellow is medium trend
- Green is strong trend.
When and How to Enter a Trade:
Enter the trade when it is Green.
When to Buy and When to Exit Longs:
- When TSF line crosses xpma line from below and adx_custom is green.
- We exit when the reverse happens or we yellow on adx_custom.
When to Sell and When to Exit Shorts:
- When the TSF line crosses below the xpma line and we have Green on adx_custom showing strength of short trade.
- Exit when the reverse happens.
Targets and Stop Loss:
- Try to close on a fib line, if you see the trend weakening, or the trade price getting closer to or crossing the TSF line near a fib line.
- Rest will come with practice.
The Sound Alert:
- Removed.
The TimeFrame to Use:
- This entirely depends on your risk appetite and your choice.
The Currency Pair to Use:
- Any.
Warning:
- Red is to be avoided at all costs, it is Ranging or Flat Markets.
The Chart:
.
Attached File(s)
ADXCustom_fxkred.ex4
3 KB
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1,231 downloads
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Uploaded Feb 7, 2009 9:32am
anchorfx_week.mq4
6 KB
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1,081 downloads
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Uploaded Feb 7, 2009 9:33am
xpMA.mq4
16 KB
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1,014 downloads
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Uploaded Feb 7, 2009 9:33am
T3MA.mq4
3 KB
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1,000 downloads
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Uploaded Feb 7, 2009 9:34am
Time Series Forecast.mq4
3 KB
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1,058 downloads
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Uploaded Feb 7, 2009 9:34am
rooster.tpl
15 KB
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1,071 downloads
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Uploaded Feb 7, 2009 9:34am