531# Power Arrow with Megatrend Trading System

Power Arrow with Megatrend filtered with RSI

 Submit by Havier 25/01/2014

 

Power Arrow with Megatrend Trading System how to install.

After downloading your files. Copy the indicators ( ex4 files ) to :

Windows/Program files/Metatrader4/Experts/Indicators

 

 

Then copy the template ( tpl file ) to :

Windows/Program files/Metatrader4/Templates

Restart metatrader and open 1 hour chart – any currency pair. right click on chart and choose:

Templates >> Forex Power Arrow with Megatrend

Time Frame H1

Currency Pair any:

 

Metatrader Indicators:

FB SR indicator ( Fibonacci support and Resistance);

Power Arrow,

Megatrend Indicator,

RSI filter (14).

 

 

 

Trading rules Power Arrow with Megatrend Trading System

 

BUY SIGNAL…

1 – Blue MegatrendTrend Line

2 – Blue RSI Bar

3 – Blue Power Arrow

Example

 

 

Power Arrow with Megatrend Trading System
Power Arrow with Megatrend Trading System

 

SELL SIGNAL…

1 – Red MegaTrend Line

2 – Red RSI Bar

3 – Red Power Arrow

Example

Power Arrow with Megatrend Trading System
Power Arrow with Megatrend Trading System

 

 

Stop Loss: Last Arrow Level ( entry arrow )

Target : Opposite Signal

For Targets, you can also use Fixed number of pips per trade or you can use support and

resistance levels or Fibonacci levels.

You can use this indicator for target areas.

Upper red area = Buy targets

Lower Blue area = Sell targets

 

Power Arrow with Megatrend Trading System
ower Arrow with Megatrend filtered with RSI (Templte and Indicators)
Power Arrow with Megatrend Trading Syste
compressed file archive 15.3 KB
Power Arrow with Megatrend Trading System
Power Arrow with Megatrend Trading System

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