499# Ross Hook Show 123

Ross Hook Show 123 filtered by envelopes

Submit by Xavier Trader 21/01/2016

 

Ross Hook Show 123 filtered by envelopes It is a way to interpret the hook very simple and has the advantage of entering the market only in the direction of the trend.

The envelopes are build with Ema 34 low and high.

This strategy is setting only for 5 minutes and 15 minutes.

 

Financial markets:any.

Metarader Indicators for this template.

Ross Hook Show 123, (this indicator sucks much ram your computer).

Exponential moving average 34, close, low with levels -150 and -250

Exponential moving average 34, close, low with levels 150 and 250.

Trigger indicator

 

Trading Rules Ross Hook Show 123 filtered by envelopes

Trading only in the direction of the trend.

The trend is up above the 34 Ema high,

the trend is down below the 34 Ema low.

 

Buy

Price above 34 Ema high.

The price breaks upward the level price of the green number 2 or RH .

Trigger above zero level.

 

Sell

Price below 34 Ema low.

The price breaks downward the level price of the green number 2 or RH.

Trigger below zero level.

 

Exit position

When the price is into the envelopes you can use the levels as profit target and stop loss.

When the price is outside the envelopes make profit with fast profit target and place stop loss below/above the lower/higher envelope.

 

 


Apply
 this template only in currencies trending.
Never in markets side.

In the pictures Ross Hook Show 123 in action.

Ross Hook Show 123 filtered by envelopes
Ross Hook Show 123 filtered by envelopes
Ross Hook Show 123 filtered by envelopes
Ross Hook Show 123 filtered by envelopes
Ross Hook show V.2 123.zip
Compressed Archive in ZIP Format 15.3 KB

Write a comment

Comments: 2
  • #1

    yukselk (Thursday, 21 January 2016 23:36)

    bonsoir mon ami il y a un soucis ca bloque l ordinateur pourtant je suis bien equipé (je possede un ordinateur puissant)

    cordialement

  • #2

    asaens (Sunday, 24 January 2016 19:58)

    Reduce max bars in chart under Tools, Options. Exit MT4 terminal and then restart MT4 terminal. Use new settings and increase max bars up to tolerable performance by MT4 terminal. CPU load from other charts/indicators may affect overall performance so might have to change settings in other indicators to more conservative settings (reduce bars to be used in calculations or remove indicators that are CPU intensive) and see if individual charts are still useful (see if plots, visuals, calculations are nearly the same without losing usefulness)