Greetings traders
I would like to introduce my new baby for daytrayding purpose
Tools
pivots.mq4
standard envelopes
emas 14/52/200
optionally
momentum (44) + stoch (65,20,3) -my setup
or any other indicators u are willing to use.
Environment
Only M15 TF
Works best on GBP pairs
London time but this is not a strict rule.
Rules
Red envelopes indicate highly OB/OS market during one day therefore price CANNOT goes faster in one day.
Mostly red envelopes are hit during news, etc = reversal area for coming days.
Blue envelopes is standard market condition. = TP - retrace start area
Combination of S/R levels + one of envelope is very good reversal spot.
Thats all have fun
if i see any feedback i will tell u more but for now try to observe by urselves.
I would like to introduce my new baby for daytrayding purpose
Tools
pivots.mq4
standard envelopes
emas 14/52/200
optionally
momentum (44) + stoch (65,20,3) -my setup
or any other indicators u are willing to use.
Environment
Only M15 TF
Works best on GBP pairs
London time but this is not a strict rule.
Rules
Red envelopes indicate highly OB/OS market during one day therefore price CANNOT goes faster in one day.
Mostly red envelopes are hit during news, etc = reversal area for coming days.
Blue envelopes is standard market condition. = TP - retrace start area
Combination of S/R levels + one of envelope is very good reversal spot.
Thats all have fun
if i see any feedback i will tell u more but for now try to observe by urselves.
Attached File(s)
AutoPivot.mq4
15 KB
|
740 downloads
|
Uploaded Jul 7, 2010 12:27am
bands5.tpl
10 KB
|
822 downloads
|
Uploaded Jul 7, 2010 12:27am