501# Price Action Easy

Price action with trend momentum

Price Action Easy is a trading system on the price mouvement but it's also based on trend-momentum indicators the but of this system is capture the impulse.

Time Frame 15 min, 30 min, 60 min, 120 min, 240 min.

 

Financial markets any.

Metatrader 4 indicators for buid the template

RSI bars 21 periods,

orizzontal line (support and resistance),

Momentum filter,

Pips blaster (bands above and below the price).

 

Rules Price Action Easy

Buy

Price has close above the orizzontal line.

Blue bands below the price ( two bands best choice) ,

Momentum indicator crosses upward.

 

Sell

Price has close below the orizzontal line.

Red bands above the price ( two bands best choice) ,

Momentum indicator crosses upward.

 

 

Exit position is discretionary becouse this is also a good system of filter trend following, that you can use also with other indicators.

In the pictures Price Action Easy in action.

Price Action Easy
Price Action Easy
Price Action Easy
Price Action Easy
Price Action Easy
Price Action Easy
Price action easy.zip
Compressed Archive in ZIP Format 40.7 KB

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Comments: 1
  • #1

    James (Sunday, 07 February 2016 19:52)

    Hi , into the .zip there is an ADXm indicator .What is the use?