Forexpert310 System
Forexpert310 System
Hi guys!
First of all, thanks for all that great work you have been doing!
Secondly, I would like to put this strategy to your attention.
Hope you like and allow me to do something in return.
Nikolai
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This system is only intended for traders who have at least 1 year experience in this market, and they know by now that Money Management, and patience is the key after they have blown up many accounts.
I got some ideas from others and made this system, this is something like spud's multi stoch, but better
and doubt if anyone's trading this way
thanks to spud and AaD's stoch template...
k here it is:
please before i explain things attach the template on your chart before you do you need to download the zip file, put the indicators in your indicator folder and put template in your template folder..
indicatores:
#MTF stochastic
R2_arrows_v4a
Template:
Forexpert310
I posted some charts of the buy and sell signals...
This system is very simple,
long when the blue stoch which is (h4) stoch is above 50 line, and on the chart the candles are above yellow ma and the yellow stoch crosses 23 from below.. make sure the candle closes and the yellow stoch confirms and then enter..
short when the blue stoch (h4) stoch is below 50 line and on the chart the candles are below yellow ma and the yellow stoch crosses down 76 line from above.... make sure the candle closes and the yellow stoch confirms and then enter...
here is the great thing about this system, it usually does not give any signals when the market is ranging and mostly gives out signals when the market is on trend....
important: The best currency to use this system is GBP/JPY 30m
NEW RULE for tp/sl: if you chose a SL make your tp 1.75X your sl so if your sl is 30 your tp would be 52
remember please post up signals, charts, results THANKS.
Sellsignal
Buysignal
Related:
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Creator: Forexpert310


Comments
Please advice, I can't see the blue stoch line anywhere.
Thanks
Juan