485# Starlight Forex System

Bollinger Bands Stop , Starlight, RSI Histo, William's percent range filtered by Stochastic.

 

Submit by Mike Trader 20/08/2013

 

This Trading System is a trend-momentum forex strategy because it is composed of trend indicators and momentum indicators.

 

Time Frame 30 min or higher.

Currency pair any.

 

Forex Indicators:

Bollinger Bands Stop indicator (15, 2);

RSI histo Indicator (14 period) + 2 levels (+12, -12);

William's percent range (14 Period);

Starlight indicator (rperiods 21, p.smooth 0.30, ismooth 0.30);

Hama pad V.2 (3 ,21,3) optional;

Stochastic indicator (14,3,3,);

Pivot Points Daily.

 

Trading Rules: Starlight Forex System

 

Buy

Bollinger Bands Stop indicator blue dots;

RSI Histo indicator (14) >+12;

William's percet range > -50;

Starlight indicator >0

Stochastic indicator <0,85 this is the most important condition.

 

Sell

Bollinger Bands Stop indicator red dots;

RSI Histo indicator (14) <-12;

William's percet range < -50;

Starlight indicator <0

Stochastic indicator >0,15 this is the most important condition.

 

Exit position is discretionary.

Initial Stop loss on the previous swing.

Starlight Forex System: Indicators and Template

Starlight Forex System
Starlight Forex System: Indicators and Template
Trading System
Starlight forex System.rar
compressed file archive 20.0 KB
Forex Trading System
Others Template.rar
compressed file archive 3.8 KB

 

In the pictures  belowStarlight Forex System  in action.

In the pictures below  Starlight Forex System
In the pictures below Starlight Forex System
In the pictures below  Starlight Forex System
In the pictures below Starlight Forex System

 

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