823# Multi Indicator Trading System
Best Momentum indicator for trading
Trend Reversal Strategy
Submit by Maximo Trader
Multi Indicator Trading System is a trend reversal forex strategy based on Multi Indicator arrow that generates signals for entries in the market filtered by two indicators below the chart one filter is trending and anther filter is of trend momentum. The arrows generates on the main chart are the synthesis of several momentum indicators, therefore a double trendum momentum filter pulls the most out of these arrows. This trading system is suitable for day trading and swing trading. The strong point of this strategy is the clarity of signal that leaves no room for interpretation.
Time frame 5 min or higher
currency pairs: any.
Metatrader 4 indicators:
Donchian channel + ATR ( channeòl period 20, ATR 14, ATR multiplier 1.0).
Pivots weekly for H1 and H4., Pivot montly for daily time frame, pivot D (for 5 min, 15, min, 30 min).
Multindicators alerts 1.3 composed by (Stochastic oscillator, Momentum, Money Flow Index, Demarker with MA).
NRP Super Trend histo ( period 10 2.5).
Trend filter (trend momentum indicator period 4.
Trading rules Multi Indicator Trading System
Buy arrow of Multi Indicator.
At least one indicator below the graph with the blue bar.
Sell arrow of Multi Indicator.
At least one indicator below the chart with the red bar.
Place initial stop loss at the previous swing high/low.
Profit target at the pivot points levels or ratio stop loss 1.1.3.
Aternative to the stop loss and invert position at the level of the hypothetical stop with a profit target the number of pips of the stop. This alternative to the stop is for experts who then know how to possibly reverse the position, in other words this is a strategy that adapts to the control of positions without stop loss (so I point out this to those who work in this way and can do it). On this site there are enough strategies that fit trading without stop loss but with typical edging adjustments in option trading..
In the pictures Multi Indicator Trading System in action.
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