ForexSignal30 – this is indicator forex trading strategy based mainly on the testimony of signal indicator. The beauty of this strategy is that it gives a clear signal not only to open an order, but also its closing, and then the system thinks all the most difficult. In trading, you can use any currency pairs. Timeframes desirable to choose the medium, from M30 to H4. To work the strategy used three indicators: Stochastic, Signal 2, Forexsignal 30 extreme.
Characteristics of ForexSignal30
- Platform: Metatrader4
- Currency pairs: Any
- Trading Time: Around the clock
- Timeframe: from M30 to H4
- Recommended broker: Alpari
Rules for opening orders by ForexSignal30
For opening a Sell order is necessary to satisfy the following conditions:
- The price must be located at the upper border of the price channel (it is drawn automatically), this rule can be ignored, but the risk of closing the position by Stop Loss is greatly increased.
- On the graph appeared a large red arrow pointing down.
- Stochastic is above level 80 (overbought zone).
- On the indicator ForexSignal30 extreme appears ledge directed upwards.
For opening a Buy order is necessary to satisfy the following conditions:
- The price must be located at the lower border of the price channel (it is drawn automatically), this rule can be ignored, but the risk of closing the position by Stop Loss is greatly increased.
- On the graph appeared a large blue arrow pointing up.
- Stochastic is below level 20 (oversold zone).
- On the indicator ForexSignal30 extreme appears ledge directed downwards.
In addition to this version of the strategy is now available a new version, which ruled out repaint indicators. It looks as follows:
Rules of trade in this version is even easier than the previous one, I would say - intuitive.
In short you can see in this promo video:
In the archives ForexSignal30.rar:
- # forexsignal30(extreme).tpl
Free Download ForexSignal30