141# Wait for the signal modified

Value Chart Indicator 

Submit by Janus Trader 25/06/2015


Wait for the signal modied is an overbought, oversold trading system, based on the levels as support o resistance of the value chart indicator, my modified is add a filter that confirm the reversal.

I add this filter becouse this trading system in trending market has many false signals.

Time Frame 15 or 30min.

Metatrader Indicators:

Value chart deluxe

KDJ arrow,

ForexMTN (optional indicator).


Financial Markets: Forex, Commodities, Indicies.

Expiry time 3 candle. Expiry time 3-4 candles.


Rules for Wait for the signal


Buy

On the Value chart indicator the candle touches the level -8/-10. For entry wait the first buy arrow of the KDJ indicator.


Sell

On the Value chart indicator the candle touches at level +8/-+0. For entry wait the first buy arrow of the KDJ indicator.


Expected profitability ratio is 60-68.

You can use this trading system also for trading without binary options high/low.

In the pictures Wait for the signal modified in action.

Wait for the signal modified in action.
Wait for the signal modified in action.
 Wait for the signal modified in action.
Wait for the signal modified in action.

 

Share your opinion, can help everyone to understand the forex strategy

 

Write a comment

Comments: 0
Wait for the signal modified
Wait for the signal modied is an overbought, oversold trading system, based on the levels as support o resistance of the value chart indicator, my modified is add a filter that confirm the reversal.
wait the signal modified.rar
compressed file archive 973.0 KB