FOREX Traffic Lights
Forex Strategy streetlight
Forex Strategy streetlight is a multi-currency (suitable for trading in any currency pairs) and was designed to trade on the daily (D1) charts, and foundation are the signals of these forex indicators: HMA modified, Trend Master, RSI Custom, Goldminer 2.
can trade at a lower scale, but the number of false alarms increases ... - so, if you wish - analyze smaller time intervals.
All these forex indicators clearly show the trend in the market, and provides alerts when you enter the market and when to get out of it.
Figure 1 - Examples of transactions of forex strategy traffic light (click on it to enlarge - opens in new window)
Opening of the transaction for sale of forex strategy "Traffic Light":
The line indicator forex HMA modified to become red, forex indicator Goldminer2 also should be red and the indicator RSI Custom should be red or yellow.
to open a trade transaction for the purchase of forex strategy "Traffic Light":
line indicator forex HMA modified to become a green indicator Goldminer2 also should be green and the indicator RSI Custom should be green or yellow.
Stop losc order must be placed under or above the local minimum or maximum.
Also, for greater certainty in the schedule can accommodate forex indicator CCI (14) - above freezing - buy below - for sale.
exit the market:
Exiting the market should carry out as soon as the line indicator HMA modified to change the color of its line to the opposite or Goldminer2 indicator changes color to the opposite.
Example 2 - trade in 15 minutes (click on it to enlarge - opens in new window):
download forex indicators and a template for Metatrader 4:
LED indicator goldminer2.ex4
indicator HMA Modified.mq4 < / a>
indicator RSI Custom.mq4