12# Candlestick Patterns with Rainbow

Submit by Maximo Trader 08/03/2013

Time Frame 30 min or higher.

Currency pairs:any.

Candlestick Patterns with Rainbow Metatrader Indicators:

(EMA's) Exponential moving averages : 3-4-5-6-7-8-9-10-11-12-13-14-15-16-17-31-32-33-34-35-36-37-38-39-40-41-42-43-44-45-46-47

-48-49-50-51-52-53-54-55-

21 (Rainbow)

Pivot levels (this setting is for intraday trading ).

Pattern recognition Master 7;

Long Entry

If Buy Candlestick Pattern is above of the (rainbow) green exponential moving averages open a buy order at open the next bar.

Short Entry

If Sell Candlestick Pattern is below of the (rainbow) red exponential moving averages open a sell order at open the next bar.

Exit position: (for intraday trading)

Stop loss

for buy 2 pips below the previous swing.

for sell 2 pips above the previous swing.

Profit Target at the Pivot levels or 15-20 pips.

Bearish Engulfing Pattern

Bullish Engulfing Pattern

Candelstick Forex Strategies

Candelstick Pattern

Bearish Pattern

Bullish Pattern

Models Candlestik Patterns - Forex Strategies - Forex Resources ...

21# 100 pips daily - Forex Strategies - Forex Resources - Forex ...

6# Bullish Engulfing Pattern - Forex Strategies - Forex Resources ...

Candlestick basic patterns - Forex Strategies - Forex Resources ...

10# Bullish Engulfing" and "Bearish Engulfing pattern with RSI ...

Bearish Reversal Candlestick Patterns - Forex Strategies - Forex ...

3# Candlestick Reversal I - Forex Strategies - Forex Resources ...

16# Lucky Spike - Forex Strategies - Forex Resources - Forex ...

Bullish Reversal Candlestick Pattern - Forex Strategies - Forex ...

4# Candlestick Reversal II - Forex Strategies - Forex Resources ...

23# Big Eating Small Pattern Strategy - Forex Strategies - Forex ...

Continuation Candlestick Patterns - Forex Strategies - Forex ...

Breakout Forex Strategies - Forex Strategies - Forex Resources ...

29# Forex Breakout - Forex Strategies - Forex Resources - Forex