165# The New Signal Alert

Signal indicator trading

Submit by Lukas 30/10/2015


The New Signal Alert is a very good indicator for metatrader 4 that not repainting for trading intraday and with Binary Options High/Low.


Time Frame 5 min or 15 min

Financial Markets: Forex, Indicies, Commodities, Equities.

Binary Options: High/Low, expiry time 1-3 candles.

Metatrader indicator:

The New signal alert,

RSI Filter optional (setting 2 period or 4 period)



Trading Rules The New Signal alert


Call

When appears the green dot open position of next bar.

Or after the green dot wait the blue bar of the RSI Filter for entry position.


Put

When appears the red dot open position of next bar.

Or after the green dot wait the blue bar of the RSI Filter for entry position.


In the first example Citigroup 5 min time frame. 6 trades win. The new signal alert with RSI filter 2 period.

In the second example EUR/AUD 15min time frame: The new signal alert with RSI filter 4 period.

The New Signal Indicator alert
The New Signal Indicator alert
The New Signal Indicator alert
The New Signal Indicator alert

The New Signal Alert Intraday trading

Time Frame 15 min or 30 min


Indicators:

The New signal alert,

Step MA NMC

RSI Filter Optional (9 period)

Pivot point levels.


Buy

When appears The New signal alert green dot wait the

RSI Blue bar


Sell

When appears The New signal alert red dot wait the

RSI Red bar


Exit at the profit target or at the pivot levels.

Place the initial stop loss at the previous swing.

Profit target 12 -16 pips.

In the picture The New Signal Alert in action.

The New Signal Alert  intraday trading
The New Signal Alert intraday trading
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The New Signal Alert.rar
compressed file archive 54.4 KB

Write a comment

Comments: 2
  • #1

    Jake (Saturday, 31 October 2015 15:58)

    The dot appears 1 bar later. So it is impossible to open a trade 1 bar after a dot appeared. Shame.

  • #2

    Paul (Monday, 02 November 2015 02:20)

    It was too good to be true...