Forex Signal - Is the indicator Trading Strategy ForexBased largely on the testimony of the tally lamp. The beauty of this strategy is that it gives a clear signal not only to open an order, but also for its closure, so think through all the hard part. In the trade, you can use any currency pairs. Timeframes is desirable to choose the medium from M30 to H4. To work uses three indicators: Stochastic, Signal 2, Forexsignal 30.
To open sell orders note the following:
1. Price should be at the top of the price channel (it is drawn automatically), this rule can be ignored, but the risk of closing the position of the stop-loss is greatly increased.
2. The graph appeared a large red arrow pointing down.
3. Stochastic indicator is above 80 (overbought zone).
4. The display appears Forexsignal 30 extreme spike upward.
To open buy ordersto perform reverse conditions:
1. Price should be at the bottom of the price channel.
2. The graph appeared large blue arrow pointing up.
3. Stochastic indicator is below 20 (oversold zone).
4. The display appears Forexsignal 30 extreme spike downward.
Open orders before closing produce the appearance of the graph prices blue cross in the open position to buy, or when under the graph of the red cross at the open sell orders.
Safety stop-loss putting on 30-80 points (depending on the time interval at which you sell) above or below the nearest local extremum