468# Forex MTF indicator Trading System
Forex MTF Champion indicator
Submit By Buddy (Written by Tim Donovan) 02/08/2013
Time Frame 15minutes or 30 minutes:
Currency pairs: any.
Metatrader Indicator:
Forex MTF Champion indicator
The entry rule is very simple, when all the green dots align as shown on the above picture, expect a Buy trend. And when all the four red dots align, place a Sell.
Warning:
- No system is perfect. Please accept some small losses sometimes.
- Don’t trade on news release days!
- To avoid false signals, you can determine the current main market trend by using longer timeframe such as Daily or Weekly. If the main trend is up, then only enter long trades. And vice versa, if the main trend is down, then only enter short trades.
I hope you like this indicator and make some cool pips. Best Regards, Tim Donovan
In the pictures below Forex MTF Champion indicatorin action.
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Forex MTF Champion indicator
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