Little Silvertrend System

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Hello,

I've been watching your website for some time now and I have to say, I am quite impressed with your knowledge and the way you work. Keep it up.

Have a look at this system if you will.

Phill

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-daily charts
-silvertrend indicator

BUY-when the silvertrend is up (blue above red) we wait for a close of price inside channel and hold position untill it breaks out of channel
if it breaks above blue thats our target and below red thats our stop



SEll-when the silvertrend is down (red above blue) we wait for a close of price inside channel and hold position untill it breaks out of channel if it breaks below blue thats our target and above red thats our stop

I hope the chart makes it clear what i mean

Related:

Silvertrend1.mq4

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Creator: hollandpippin

Comments

vasu

hi,
i am interested in silvertrend trade,can i use the indicator on h1,h4 timeframes,please advice me,i am 8 months old forex child.

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Ravi

How to add the silvertrend indicator to the Metatrader platform

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Kristian

You must copy all the text from internet explorer, and then open meta editor (in MT4) platform, then click NEW, then click CUSTOM INDICATOR, give the name SILVER TREND, and paste all the text in white box and the just click save. Restart your platform and you will have SILVER TREND custom indicator.

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Zhihan

Simple and easy fantastic 11 stars

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Peter

Do you recommend any currency pairs and timeframe?

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César Vargas

Excellent strategy!!!! is easy and very very accurate, I'm trying it on the 1H TM and great, also on the 15M and seems great too!! just remember to set your SL!!! very important. For the 15M I suggest 20 pips, for the 1H maybe 35, 40. Try it on historical.

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Bharat A.

Hi all... just looked at this and it does seem great on viewing it on past data. But, in real time, is it as good, just want to know everyone's experience of it as I understand the silvertrend indicator "repaints". Would appreciate any feedback. Thanks -Bharat

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Bharat A

All...... this indicator re-paints big time, it re-paints historically to make itself look perfect. This also means that in real time, it can render some trade entries false, and give false exit signals as well. I'm not quite sure what the experience of the people who've commented so positively about this above has been and how they have had consistent winning trades. Wud be interested to hear from someone more, cud be that I'm wrong!

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