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RSI Bat Forex Strategy

May 18, 2012 By Raj Leave a Comment

Currency Pair:

EUR/USD, AUD/USD, USD/CHF and GBP/USD

Time Frame:

1 Hour or above

Indicators:

  1. Bat ATR v1 (Back Period: 1000, ATR Period: 3, Factor: 3.0, Typical Price: False)
  2. Brain Trend Sig (Default)
  3. RSI (RSI period: 21)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for Bat ATR line turn to blue
  2. Wait for Brain Trend buy signal (blue dot below the candle)
  3. RSI has to be above the 50 level.

Target:

It depends on which currency pair you are trading. For instance: If you are trading EUR/USD on 4H time frame, you can close ½ at 40pips and the rest at 90pips. After reaching the first target, please move your stop loss to entry point+20pips.

Stop Loss:

40 pips.

Example:

RSI Bat Strategy Buy Signal

In the picture above you can see that the Bat ATR line is blue, RSI is moving above the 50 level. Brain trend indicator gives its buy signal which is the last confirmation we need. That is your buy (long) signal. I recommend trading on 4H charts for this strategy. The reason why time frame equal or above 4hr is suitable for swing trading is because noise (in the market) is minimal.

Short Position:

The rules for long entry are as follows.

  1. Wait for Bat ATR line turn to red
  2. Wait for Brain Trend sell signal (pink dot above the candle)
  3. RSI has to be below the 50 level.

Target:

It depends on which currency pair you are trading. For instance: If you are trading EUR/USD on 4H time frame, you can close ½ at 40pips and the rest at 90pips. After reaching the first target, please move your stop loss to entry point+20pips.

Stop Loss:

40 pips.

Example:

RSI Bat Strategy Sell Signal

In the picture above you can see that the Bat ATR line is red, Brain trend indicator gives its sell signal (pink dot above the candle) and then RSI crosses below the 50 level. That is your sell (short) signal.

Download RSI Bat Forex Strategy Indicators and Templates

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Rainbow Forex Strategy

May 17, 2012 By Raj Leave a Comment

Currency Pair:

EUR/USD and GBP/USD

Time Frame:

30 Minutes or above

Indicators:

  1. MA in Color (MA Period: 14, MA Type: 1)
  2. Trend Lord (MA Period: 50)
  3. ADX_TF_v1.0 (Time Frame: 0, ADX Trend Level: 18, ADX Periods: 14)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for the candlestick bar to close above the MA Line
  2. Trend Lord has to be blue
  3. ADX has to be green.

Target:

Depends on the time frame that you trade. If you are trading EUR/USD on 4H time frame, you can take profit partially at 35 pips, 70 pips and 100pips. When you hit the first target, move your stop-loss to entry point.

Stop Loss:

25 pips (30M), 50 pips (4H)

Example:

Rainbow Strategy Buy Signal

In the picture above you can see that the price candle closes above the MA Line and ADX bar turns to green. Trend lord bar turns to blue. That is your buy (long) signal.

Short Position:

The rules for long entry are as follows.

  1. Wait for the candlestick bar to close above the MA Line
  2. Trend Lord has to be red
  3. ADX has to be red.

Target:

Depends on the time frame that you trade. If you are trading EUR/USD on 4H time frame, you can take profit partially at 35pips, 70pips and 100pips. When you hit the first target, move your stop-loss to entry point.

Stop Loss:

25 pips (30M), 50 pips (4H)

Example:

Rainbow Strategy Sell Signal

In the picture above you can see that the price candle closes below the MA Line and ADX bar turns to red. Trend lord bar turns to red. That is your sell (short) signal.

Download Rainbow Forex Strategy Indicators and Templates

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PlanB Forex Strategy

May 17, 2012 By Raj Leave a Comment

Currency Pair:

Any currency pair

Time Frame:

15 Minutes – 30 Minutes

Indicators:

  1. Masah (Smooth: 1.0, Bars: 3000, X_Filtr: 15, Progression: 1, Len: 1, Sensitivity:1, Type Price: 0)
  2. OsMA (FastEMA: 10, SlowEMA: 34, SignalSMA: 8)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Masah indicator U Line has to be above the D Line
  2. OsMA bar has to be above the 0 level.

Target:

30 pips.

Stop Loss:

25 pips.

Example:

PlanB Strategy Buy Signal

This is a short-term trading strategy and it is very simple to follow. The time we will look for trades is after the London session starts because that is when more money comes to the market. More money means more momentum, more momentum means more pips. In the picture above you can see that the U line is above the D Line and OsMA bar is above the zero level. That is your buy (long) signal.

Short Position:

The rules for long entry are as follows.

  1. Masah indicator D Line has to be above the U Line
  2. OsMA bar has to be below the 0 level.

Target:

30 pips.

Stop Loss:

25 pips.

Example:

PlanB Strategy Sell Signal

In the picture above you can see that the D line is above the U Line and OsMA bar is below the zero level. That is your sell (short) signal.

Download PlanB Forex Strategy Indicators and Templates

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Pipsaholic Forex Trading System

May 16, 2012 By Raj Leave a Comment

Currency Pair:

Any major currency pair

Time Frame:

30 Minutes or above

Indicators:

Bar Trend (Default)

QQE (SF: 5)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for price bar to turn to green
  2. Wait for QQE to cross over (the yellow line crosses over the red line).

Target:

It depends on the currency pair and the time frame. If you are trading EUR/USD on 4H time frame, you can take profit partially at 50pips, 90pips and 130pips. Once you reach first profit target, move your stop-loss to entry point. After reaching the next target, you can use a trailing stop to protect the profit.

Stop Loss:

50 pips.

Example:

Pipsholic System Buy Signal

In the picture above you can see that the price bar turns to green and then QQE indicator crosses over (the yellow line crosses over the red line). This is your buy (long) signal. You can possibly trade any currency pairs by using this system. Watch out for the major and important psychological support/resistance levels.

Short Position:

The rules for long entry are as follows.

  1. Wait for price bar to turn to purple
  2. Wait for QQE to cross over (the yellow line crosses below the red line).

Target:

It depends on the currency pair and the time frame. If you are trading EUR/USD on 4H time frame, you can take profit partially at 50pips, 90pips and 130pips. Once you reach first profit target, move your stop-loss to entry point. After reaching the next target, you can use a trailing stop to protect the profit.

Stop Loss:

50 pips.

Example:

Pipsholic System Sell Signal

In the picture above you can see that the price bar turns to purple and then QQE indicator crosses over (the yellow line crosses below the red line). That is your sell (short) signal.

Download Pipsaholic Forex Strategy Indicators and Templates

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Mtjbod Forex System

May 16, 2012 By Raj Leave a Comment

Currency Pair:

EUR/USD, AUD/USD, USD/CHF and GBP/USD

Time Frame:

15 Minutes or above

Indicators:

  1. !MT4 Gann H4 (Time frame: H4, Lb: 5, Ma type: 1, MultiColor: True)
  2. DiDi Index (Moving Avg1: 5, Moving Avg2: 8, Moving Avg3: 20)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for the price bar to close above the Gann line while it is green
  2. DiDi index has to cross over (the blue line crosses above the red line).

Target:

Depends on the time frame you trade. For example: 25 pips (30M chart), 50 pips (4H chart).

Stop Loss:

Opposite signal.

Example:

Mtjbod System Buy Signal

In the picture above you can see that the price candle closes above the Gann line and then DiDi index crosses over (the blue line crosses over the red line. That is your buy (long) signal. If you are trading on short time frames, you should avoid thin market conditions.

Short Position:

The rules for long entry are as follows.

  1. Wait for the price bar to close below the Gann line while it is pink
  2. DiDi index has to cross over (the red line crosses over the blue line).

Target:

Depends on the time frame you trade. For example: 25 pips (30M chart), 50 pips (4H chart).

Stop Loss:

Opposite signal.

Example:

Mtjbod System Sell Signal

In the picture above you can see that DiDi index crosses over (the red line crosses over the blue line), then the price candle closes below the Gann line. This is your sell (short) signal.

Download Mtjbod System Indicators and Templates

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Mao’s Forex Trading Strategy

May 15, 2012 By Raj Leave a Comment

Currency Pair:

EUR/USD, AUD/USD, USD/JPY, USD/CHF and GBP/USD

Time Frame:

30 Minutes or above

Indicators:

  1. !!Ziggy Ultra Signal (Default)
  2. FX Sniper’s T3 CCI_mod (CCI Period: 14, T3 Period: 5, b: 0.618)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Price bar has to be above the green Ziggy dots
  2. FX Sniper’s T3 CCI bar has to be green.

Target:

20 pips (30M chart), 50 pips (4H chart).

Stop Loss:

20 pips.

Example:

Mao's Trading Strategy Buy Signal

In the picture above you can see that the price candle closes above the Ziggy dot (the dot has to be green) and FX Sniper’s T3 CCI bar turns to green. That is your buy (long) signal. If you are trading on 30M time frame, trade between 07:00 GMT and 19:00 GMT, this will act as a filter to protect you from thin market hours and possible whipsaws.

Short Position:

The rules for long entry are as follows.

  1. Price bar has to be below the red Ziggy dots
  2. FX Sniper’s T3 CCI bar has to be red.

Target:

20 pips (30M chart), 50 pips (4H chart).

Stop Loss:

20 pips.

Example:

Mao's Trading Strategy Sell Signal

In the picture above you can see that FX Sniper’s T3 CCI bar turns to red, then the price candle closes below the Ziggy dot (the dot has to be red) and. This is your sell (short) signal.

Download Mao’s Trading Strategy Indicators and Templates

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Mandrake Magic Forex System

May 15, 2012 By Raj Leave a Comment

Currency Pair:

Any currency pair

Time Frame:

30 Minutes

Indicators:

  1. Ichimoku (Tenkan: 9, Kijun: 26, Senkou: 52)
  2. Mandrake iTrend (iBands Deviation: 2.0, iBands Period: 20, iPower Period: 13, all of the rest: 0)
  3. Mandrake RSI (Periode RSI: 14)
  4. Mandrake Stoch (Periode Stoch: 8, Percent D: 3, Smooth: 3)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Price bar has to close above the Kumo
  2. All Mandrake indicators have to be dark blue .

Target:

30 pips.

Stop Loss:

25 pips.

Example:

Madrake Magic System Buy Signal

Trade between 07:00 GMT and 19:00 GMT, this will act as a filter to protect you from thin market hours and possible whipsaws. Also the Kumo acts as a second filter in this system. It identifies the current trend, therefore you are going to follow only buy signals when the price is above the Kumo. In the picture above you can see that the Mandrake indicators turn to dark blue (all 3 of them have to be dark blue) and then the price bar closes above the Kumo.. This is your buy (long) signal.

Short Position:

The rules for long entry are as follows.

  1. Price bar has to close below the Kumo
  2. All Mandrake indicators have to be red .

Target:

30 pips.

Stop Loss:

25 pips.

Example:

Mandrake Magic System Sell Signal

Trade between 07:00 GMT and 19:00 GMT, this will act as a filter to protect you from thin market hours and possible whipsaws. Also the Kumo acts as a second filter in this system. It identifies the current trend, therefore you are going to follow only buy signals when the price is above the Kumo. In the picture above you can see that the Mandrake indicators turn to dark blue (all 3 of them have to be dark blue) and then the price bar closes above the Kumo. This is your buy (long) signal.

Download Mandrake Magic System Indicators and Templates

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Laguerre Breakout Forex Strategy

May 14, 2012 By Raj Leave a Comment

Currency Pair:

Any Currency Pair

Time Frame:

30 Minutes or above

Indicators:

  1. I_TDTL_v2 (Show Bars: 200, LevDP: 2, qSteps: 1, Back step: 0, Start Bar: 0, Trend Line: true)
  2. #SpudFibo_v2 (Default)
  3. ALF (Look Back: 20, Median: 5, Price Type: 4)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for the candlestick bar to close above the green trend line
  2. Price has to be above the blue (ALF) line.

Target:

150% Fibonacci level shown on the right side of the chart.

Stop Loss:

When the price bar drops below the red trend line.

Example:

Laguerre Breakout Strategy Buy Signal

This strategy combines the power of trend lines and Adaptive Laguerre Filter. ALF is a variation on the Laguerre filter using a variable gamma factor. It is based on how well the filter is tracking a past look-back bars prices. ALF functions as a continuously self-adjusting overbought/oversold line. In the picture above you can see that the pair breaks out the green trend line while it is above the ALF (blue) line. This is your buy (long) signal.

Short Position:

The rules for long entry are as follows.

  1. Wait for the candlestick bar to close below the red trend line
  2. Price has to be below the blue (ALF) line.

Target:

50% Fibonacci level shown on the right side of the chart.

Stop Loss:

When the price bar climbs above the green trend line.

Example:

Laguerre Breakout Strategy Sell Signal

In the picture above you can see that the pair breaks out the red trend line while it is below the ALF (blue) line. This is your sell (short) signal.

Download Laguerre Breakout Strategy Indicators and Templates

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Jasmine Profit Strategy

May 14, 2012 By Raj Leave a Comment

Currency Pair:

Any currency pair

Time Frame:

4 Hour

Indicators:

  1. XPS v8 Gann SSL (Time frame: Current time frame, Lb: 100, Ma Type: 3, Multi color: True)
  2. BBflat (Period: 9, Shift: 0, Method: 0, Price: 0, Deviation: 1.5)
  3. Drive (Depth: 16)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for price bar to close above the Gann line (Gann line has to be green)
  2. BBflat signal line has to be above the upper band
  3. Drive indicator has to cross over (the green line has to be above the red line)

Target:

40-80 pips. After reaching the first target, you can use a trailing stop to protect the profit though.

Stop Loss:

35 pips.

Example:

Jasmine Profit Strategy Buy Signal

In the picture above you can see that the price bar closes above the Gann line and BBflat signal line moves above the upper band. Drive indicator (the green line has to be above the red line) crosses over. This is your buy (long) signal. If you prefer trading on long-term charts, you will love this powerful strategy. You can use this strategy to trade most of the major currency pairs.

Short Position:

The rules for long entry are as follows.

  1. Wait for price bar to close below the Gann line (Gann line has to be red)
  2. BBflat signal line has to be below the lower band
  3. Drive indicator has to cross over (the red line has to be above the green line)

Target:

40-80 pips. After reaching the next target, you can use a trailing stop to protect the profit though.

Stop Loss:

35 pips.

Example:

Jasmine Profit Strategy Sell Signal

In the picture above you can see that the price bar closes below the Gann line and BBflat signal line moves below the lower band. Drive indicator (the red line has to be above the green line) crosses over. This is your sell (short) signal.

Download Jasmine Profit Strategy Indicators and Templates

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Insider Forex System

May 13, 2012 By Raj Leave a Comment

Currency Pair:

Any currency pair

Time Frame:

15 Minutes – 30 Minutes

Indicators:

  1. Super Trend Clean MTF (Time Frame: Current Time Frame)
  2. StoMach (KPeriod: 5, DPeriod: 3, Slowing: 3, MA Period: 11, MA Method: 1)
  3. TDI Red Green (RSI Period: 13, RSI Price: 0, Volatility Band: 34, RSI Price Line: 2, RSI Price Type: 0, Trade Signal Line: 7, Trade Signal Type: 0)

Strategy:

Long Position:

The rules for long entry are as follows.

  1. Wait for price to close above the Super trend line (and line color has to be green)
  2. StoMach has to cross over (the green line has to be above the yellow line)
  3. TDI green line has to cross over and has to be above the 50 line.

Target:

35 pips.

Stop Loss:

25 pips.

Example:

Insider System Buy Signal

You can use any time frame depending on your trading style but I prefer M15 or M30 chart. In order to avoid choppy market conditions do not trade while the market is shallow such as early Asian or late Fridays session. In the picture above you can see that StoMach green line is above the yellow line. TDI crossed over and is above the 50 line. Price closes above the Super trend line which also turned to green. That is your buy (long) signal.

Short Position:

The rules for long entry are as follows.

  1. Wait for price to close below the Super trend line (and line color has to be red)
  2. StoMach has to cross over (the green line has to be below the yellow line)
  3. TDI green line has to cross below and has to be below the 50 line.

Target:

35 pips.

Stop Loss:

25 pips.

Example:

Insider System Sell Signal

In the picture above you can see that the price bar is below the Super trend line which turned to red color. StoMach green line crosses below the yellow line and TDI green line crosses below the red line. That is your sell (short) signal.

Download Insider Forex System Indicators and Templates

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