428# MT4 Forex Spectrum System
HP M15 indicator
Submit by Forexfly 05/05/2014
MT4 Forex Spectrum system is an intrady trading strategy trend following based on the retracement on the HP-M15 indicator.
Time Frame 15 min or 30min.
Currency pairs: EUR/USD, USD/CHF, GBP/USD, AUD/USD, GBP/JPY, AUD/JPY,.
HP-M15 indicator (12);
HP-M15 indicator (16);
Entry Exit indicator;
Auto plotter pivots.
Rules for MT4 Forex Spectrum System
When appears the buy arrow, for entry position,wait that the price retraces on the MP-m15 lines.
When appears the sell arrow, for entry position,wait that the price retraces on the MP-m15 lines.
Exit position options:
At the opposoite arrow;
At the pivot poins level.
Initial stop loss at the previous swing.
In the pictures MT4 Forex Spectrum System in action.
Submit by Forexfly 06/2019
Forex Spectrum V.2 is an update of the previous strategy. In this version the signals are also generated by the filter of seller areas and buyer zones, so as to reduce and filter out even more false signals. This strategy has a 15 min time frame, is quite accurate with good profitability. I can conclude that this is a simple but winning strategy. Happy trading !!! Thanks.