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95# Urban Towers Forex Strategy

Rainbow Forex Strategy

Rainbow v.7 MT4 Indicator

Submit by joy22

 

Time Frame 15 or Higher

Pair:all

Indicators:

Rainbow 7

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

 

Long Entry
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)

 

Short Entry

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)


Exit position

When the price is below or above rainbow 7.


In the pictures Urban Towers forex system in action.

Urban Towers Trading System: Indicators

Trading System
URBANTOWERS_INDICATORS.zip
Compressed Archive in ZIP Format 3.2 KB

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