I just want to share a system which I am busy testing to all the members .If you want to make changes feel free to do it. The original idée is not mine ,you can read about it here
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Natuseko Protrader 4H Strategy) I add the adx crossing and bbands_stop indicator , Arr ZZ x2 and the support and resistance indicators. The reason for it is only to get faster in the trade.
The basic entry rules are as follows. (4hr-Charts)
Buy
When you see a 123 set up according to the adx indicator. Enter on signal no 3 as indicated in the picture.
1)When you enter the ArrZZ x2 indicator (blue dots) must be in place
2) The macd must cross the bottom line of the Bollinger bands upwards
3) bbands_stop indicator must be blue
4) rsi must be above the 50-line
5) The cronex indicator must indicate an up trend
Stop loss: place the stop loss 2 or 3 pips below the support line (Green dots)
Exit: you can use Fib. Levels or move your stop loss according to the support levels.
Sell
Just the opposite than the buy signals.
Warning: the ArrZZ x2 Indicator repaints and I only use it for a possible change in the trend. That’s why the rest of the indicators must confirm the trend change.
I took all the trades in my demo account as indicated in the picture and it worked fine even the last one which was not according to the rules. The ArrZZ x2 indicator did start to appear during the previous candle and I decided to take the buy signal.
Why?
Linear Mode
