In a trading strategy, "White Pointer" used two custom indicator indicator, one of which indicates the direction of the trend, and the second - gives the signal to open transactions from the market. The strategy is named after a dog who saved the life of the author.
Market: Forex;
Currency pairs: any;
Timeframe: Day, H4, H1;
Forex indicators: The Cristal Ball signal and The Marvelous Stop Line;
Strategy: The trend line;
Protective orders: -.
Trading signals forex strategy
Originally plot the indicators for the selected day graph as you normally do. Next, make the appropriate settings as shown in Figures 1 and 2. As a result, you should get a picture as in Figure 3.
The system works well in all timeframes, but the best on the hourly, 4-hourly and daily charts.
Rules of trading strategies are very simple: you buy when the blue bars, to sell when the bars are red. Marvelous Stop Line is designed to lock in profits - a shift in its direction of talking about the end of the trend. When the color bar changes, waiting to close it. After this, place the appropriate order for the maximum of the bar to buy or at a minimum for sale.
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