Introduction:
This cool indicator and template i am sharing with you, will make your trading 80 times easier then EMA pro trading system..
Look at the picture below, you see some a fat line, like moving average. which changes its color
to violet and Yellow, and Aqua ?
So how to use this?
Rules:
For shorts:
1) look for color change to Yellow from Aqua .. then wait for it, to change its color to, Violet..
when this thing committed enter a short.. I suggest to open half your trade on fixed TP,
and half on Trailing stops. you better study my Money management article for that
for longs:
1) look for color change to yellow from violet then wait for it to change its color to Aqua ..
when this thing commited enter a long..
you can open shorts and longs on Yellow color.. because that indicates a trend change.
but its not true in all cases, thats why i suggest to wait for confirmation .
that means, if color was violet, and yellow appeared. then it again changed to violet ..
then you should open short.. not long!!!
you study it, try it on demo.. then use it with real account..
Inticator setup:
1) in the picture there is a mistake, color 1 should be Aqua, and color 2 should be dark violet
2) set 0, 1, 2 width to 4 ..
3) set inputs Alert_colal_crossing, False
4) gi_85 to 8
Put heiken ashi, on your chart, with Dark violet and Aqua colors:
and, Auto trend indicator.. which you can find in this blog somewhere..
that's all ....
indicator downloading link:
http://www.mediafire.com/?7dktg2fggo0mwii
Updated link:
http://www.mediafire.com/?ajj2rb3srj065sk
Updated link:
http://www.mediafire.com/?ajj2rb3srj065sk
Template downloading link:
http://www.mediafire.com/?oy9pwlehfo44x50