566# Zone Trade System

Zone Trade with stochastic indicator

 

Submit by Lebosky 16/05/2014

 

Zone Trade system is an strategy based on the Zone Trade indicator and Stochastic indicator (Stoch cross alert).

 

(Zone Trade indicator (source http://codebase.mql4.com/4797) this is based on the following:
The indicator is written by the fourth dimension of B. Williams - Trading Zone:
If the current bars of AC and AO are green, it shows that the zone is green.
If the current bars of АС and АО red, it shows that the zone is red.
If the bars of AC and AO are differently directed then the bar is colored grey (grey zone).

 

Time Frame 15 min, 30 min, 60 min, 240 min, daily time frame.

Markets: forex (all currency pairs also the exotic), Indicies, Futures, Stocks.

 

Forex Indicator:

Sochastic indicator (Stochastic Cross alert 5,3, 3 ).

Zone Trade

Bollinger bands (20:2)

 

Rules for Zone Trade System

Wait alwais that the bar is colored grey (grey zone).

 

Buy

On the grey zone buy arrow of the stochastic;

 

Sell

On the grey zone sell arrow of the stochastic;

 

 

Exit position at the opposite arrow, or make profit at the middle band or predetermined profit target. Initial stop loss is disctretionary.

Zone Trade System
Zone Trade System
Zone Trade System
trade zone MT4.rar
compressed file archive 26.8 KB

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