Metatraders indicators system M I S by OILFXPRO
Posted: Sun Apr 20, 2008 9:06 am
Hi folks
I thought up this system using free open source indicators available from
http://www.forexmt4.com/
http://codebase.mql4.com/indicators
If anybody objercts to these freely avialable indicators being used please post and we will remove them.
Here is a new manual trading indicator system.Indicators and templates are included .18 INDICATORS ARE USED and some are non lagging.They combine to give an overall market direction and market strength.
Always bet on the strength of the price action.If you are betting on horses , u look for the strongest horse with a very good form ie performance over the last 5 races.Equally in currencies look for the form of the currencies.
BUY/SELL when more than 10 indicators give signal but also study for divergence
EXIT when more than 10 indicators give signal or stochastics and /or divergence says end of trend or exit
Stop loss 50 ,take profit 100 .Always aim for stop loss of half take profit or double take profit to stop loss
It would be nice to see top indicators in multi indicator systems, so please post any alternative systems u have
OILFXPRO
http://www.oilfxpro.com
I thought up this system using free open source indicators available from
http://www.forexmt4.com/
http://codebase.mql4.com/indicators
If anybody objercts to these freely avialable indicators being used please post and we will remove them.
Here is a new manual trading indicator system.Indicators and templates are included .18 INDICATORS ARE USED and some are non lagging.They combine to give an overall market direction and market strength.
Always bet on the strength of the price action.If you are betting on horses , u look for the strongest horse with a very good form ie performance over the last 5 races.Equally in currencies look for the form of the currencies.
BUY/SELL when more than 10 indicators give signal but also study for divergence
EXIT when more than 10 indicators give signal or stochastics and /or divergence says end of trend or exit
Stop loss 50 ,take profit 100 .Always aim for stop loss of half take profit or double take profit to stop loss
It would be nice to see top indicators in multi indicator systems, so please post any alternative systems u have
OILFXPRO
http://www.oilfxpro.com