Sunday, May 29, 2011

An Indicator set-up

First off: I AM NOT PART OF THE "WINNERS EDGE" Team.

I saw this posted by Casey Stubbs and read the comments..added one myself but the point is those of us that use MT4 could not achieve the same set-up with standard MT4 accessories.

UNTIL NOW: http://www.forexfactory.com/showthread.php?t=92412

ACTUALLY THERE ARE MORE THAN A FEW OUT THERE, sometimes you just have to search harder.




3 ema (low) crosses above 25 & 30 ema (low) -BUY
3 ema crosses below -SELL

RSI (3 LOW)  over-bought/over-sold rules apply.
When RSI (dotted) crosses MACD signal lines, close trade

WORKS BETTER WHEN FOLLOWING TREND DIRECTION (25/30)

Just thought I would post this if you are relying on indicators or looking for something different to try out. (may not apply to all pairs...looked better on some than others)