597# Essam with I-stochastic txt

Esamm indicator

Submit by Genius 30/09/2014

Essam with I- stochastich -txt is a trend momentum system. It'is based on three indicators (trend, momentum and price action).

Time Frame H1, H4, daily.

Currency pairs: any (EUR/USD, GBP/USD, AUD/USD, NZFD/USD,GBP/JPY, EUR/JPY, AUD/JPY and other).

Metatrader Indicators:

I-stochastic TXT (5, 3, 20);

Channel (0,2);

Channel (38, 5);

Essam (CCI 14; RSI 14);

Essam (CCI 14; RSI 9).

Rules for Essam with I-stochastic TXT

Trade only in the direction of the trend.


Channel 1 and Channel 2 in up direction.

Essam Yellow bar > red Bar;

when appears up arrow buy at the opening next bar.



Channel 1 and Channel 2 in down direction.

Essam red bar > yellow Bar;

when appears up arrow buy at the opening next bar.

Exit Positon

Initial stop loss on the previous swing.

Profit Target 15-20 pips 60 min time frame, TF 240 min (profit target 30-40 pips),

daily TF ( profit target 80-140 pips).

Find always the currency pairs in trend.

In the pictures Essam with I-stochastic TXT.

 Essam with I-stochastic TXT
Essam with I-stochastic TXT
 Essam with I-stochastic TXT EUR/NZD
Essam with I-stochastic TXT EUR/NZD
Comments: 8
  • #8

    takayoshi (Tuesday, 31 October 2017 03:26)

    thank you

  • #7

    fx gainer (Thursday, 20 November 2014)

    I have been using essam for binary and it works well....but suddenly it stop working..I have formatted my system and redownload it from this site.But it is still not working yet...Pls kindly check it admin and modify it.thanks

  • #6

    desperado (Wednesday, 15 October 2014 12:31)

    Too heavy indicators... Can you tell, please, the name of indicator, which produce yellow arrows signals? Thank you.

  • #5

    JP (Monday, 06 October 2014 01:32)

    take care... Essam repaints, the past 8 bars can change...

  • #4

    asaens (Friday, 03 October 2014 10:34)

    Essam doesn't refresh/update properly ... have to update manually by changing time frame

  • #3

    Tinku (Thursday, 02 October 2014 11:57)

    Thanks :D

  • #2

    Hodge (Wednesday, 01 October 2014 17:06)

    BtTrendTrigger-T-Signal.mq4 is missing. Indicator Essam00 needs this file to open the template.

  • #1

    asaens (Wednesday, 01 October 2014 09:11)

    BtTrendTrigger-T-Signal.ex4 indicator might be missing

eassam with Istoch txt.rar
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