95# Urban Towers Forex Strategy
Rainbow Forex Strategy
Rainbow v.7 MT4 Indicator
Submit by joy22
Time Frame 15 or Higher
Description : During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high.
Price is above the blue MA trend is up
Price is below the blue MA trend is down
Market retraces towards the blue MA with 3 consecutive lower highs (in a uptrend)
At the break of the high of the last candle, we enter long (in a uptrend)
Market retraces towards the blue MA with 3 consecutivehighest Lower highs (in a downtrend) At the break of the Low of the last candle, we enter Short (in a downtrend)
When the price is below or above rainbow 7.
In the pictures Urban Towers forex system in action.
Urban Towers Trading System: Indicators
Share your opinion, can help everyone to understand the forex strategy.