(Discuss) Smart Filter Indicator

lucky_seb

Lucky Bastard
By the way they contacted me again from the same email i replied them, for asking for the 2nd time:
NAME
EMAIL
PHONE NUMBER with COUNTRY CODE

This means are simply collecting data and are reading this thread right now :) .
 

fxalgo

Member
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

5A Daily Candle if you trade M5, M15, H1 timeframes
5B Weekly Candle if you trade H4 & D1 timeframes

Download: sendspace.com/file/xyimlv



Buy Rules

1. 10 EMA Above 34 EMA (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. 10 EMA Below 34 EMA (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
 
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