AS PROMISE
FOLLOW THIS POWERFUL SYSTEM I USE!
Indicators You Need
1. PipFinite Breakout Edge - Entry Indicator
Day trading: Default settings
Scalping: Period = 5, Range Filter = 1.25, TP Factor = 1.50
2. Smart Filter - FREE: profithype.com
Day trading: Default settings
Scalping: Trend Filter = 10, Momentum Filter = 10
3. 10 EMA (Faster Exponential Moving Average) - On MT4
You can change the MA Period you like
4. 34 EMA - (Slower Exponential Moving Average) - On MT4
You can change the MA Period you like
5. Daily Candle - M5, M15, H1 timeframes
Weekly Candle - H4 & D1 timeframes
Download: sendspace.com/file/xyimlv
Buy Rules
1. Fast EMA above Slow EMA
2. Smart Filter is Bullish (Green Color)
3. Daily Candle is Green (Current price above the daily open)
4. Breakout Edge Success Rate 60% or More
5. ENTER Trade on Breakout Edge NEW Buy Signal
Sell Rules
1. Fast EMA below Slow EMA
2. Smart Filter is Bearish (Red Color)
3. Daily Candle is Red (Current price below the daily open)
4. Breakout Edge Success Rate 60% or More
5. ENTER Trade on Breakout Edge NEW Sell Signal
SL - Use What you are comfortable
Option 1: Opposite Signal of Breakout Edge
Option 1: Recent Swing of Breakout Edge
Option 3: Support/Resistance Levels
TP - Use What you are comfortable
Option 1: Breakout Edge TP1 for Scalpers
Option 2: Breakout Edge TP2 for Day traders
Option 3: Combination of TP1 & TP2
Option 4: Support/Resistance Levels
Symbols
Works on all, forex, stock, crypto
Timeframes
All timefames. I use M15 or H1
Extra Rules - You can follow if you like, but NOT required
1. No trading on Red Flag News
2. Avoid buy signal if price is overbought
3. Avoid sell signal if price is oversold
For Overbought/Oversold, You can use the following filter:
RSI
STOCHASTIC
Dont Forget To Thank ME!
fxalgo