547# Trendalt System
Trendalt indicator with paint bars
Submit by Mike Trader 07/03/2014
Trendalt system is an trend following forex strategy based on trendalt indicator and the paint bars.
Time frane 5 min or higher.
Trendalt indicator (9),
Trendalt indicaor (14),
Trendalt indicator (19),
ArrzzX2 (price action indicator),
This system uses three indicators Trendalt with several bars count. The buy signal
occurs when a canal is opened from the area below the zero line to the area above zero.
In other words, when all the three trend lines cross the zero at the same time.
This signal is confirmed by paint bars green colour
This signal is confirmed by paint bars red colour.
The sell signal the opposite happens. (This signal is confirmed by paint bars red colour.)
All orders must be opened after the close of the previous bar (cross) and open again. You
exit the trade when one of the three lines was reversed (crossed zero in the opposite direction).
Place stop loss on the previous swing.
In the picture Trendalt system in action.