About The System
It contains 6 custom made indicators.
The first indicator is FPH_Meter. Applied on the main chart which will do main impact for you to take trades as it will show you strongest and weakest currencies.
Second indicator FPH_Bars. It is developed on RSI indicator overbought and oversold levels
The third indicator is FPH_Line. This indicator is applied to the main chart. Built on ADX will show trend direction change. It has an alert function!
The 4th. The indicator is FPH_HistoBars. Will work along to confirm trades with alert function.
The 5th. The indicator is FPH_Filter. Is built on momentum will draw you a picture of trend current power. With a full alert package.
The 6th. The indicator is FPH_Oscilator. It is another confirmation indicator with a full alert package.
System installation
If you already have MetaTrader 4 installed, place the following files: Indicators goes:
into C:/Program Files/xxxxx/experts/indicators, where xxxxx is the name of your MT4.
For example, the MT4 from FxPro is called FxPro – MetaTrader, and the complete
Template goes:
into C:/Program Files/xxxxx/templates, where xxxxx is the name of your MT4.
After finished restart, you MT4 platform for changes to apply.
System Rules
Go short:
1. FPH_Meter – select currency which is weakest and trade against strongest.
2. FPH_Line turns red and goes above FPH_Bars.
3. FPH_HistoBars goes below 0 and turns red.
4. FPH_Filter goes below 0 and turns red along with blue and green lines.
5. FPH_Oscilator bars go below 0 and turns red.
Go Long:
1. FPH_Meter – select currency which is strongest and trade against weakest.
2. FPH_Line turns blue and goes below FPH_Bars.
3. FPH_HistoBars goes above 0 and turns green.
4. FPH_Filter goes above 0 and turns green along with blue and green lines.
5. FPH_Oscilator bars goes above 0 and turns green.
*Enter trade if all indicators confirm signal!
Exit rules:
Exit trade when indicators turn against your trade direction. The trailing stop could be applied, stop loss for it depends on the timeframe.
Stop-loss should be placed at the previous low
Please share before download 🙂
About The System
It contains 6 custom made indicators.The first indicator is FPH_Meter. Applied on the main chart which will do main impact for you to take trades as it will show you strongest and weakest currencies.
Second indicator FPH_Bars. It is developed on RSI indicator overbought and oversold levels
The third indicator is FPH_Line. This indicator is applied to the main chart. Built on ADX will show trend direction change. It has an alert function!
The 4th. The indicator is FPH_HistoBars. Will work along to confirm trades with alert function.
The 5th. The indicator is FPH_Filter. Is built on momentum will draw you a picture of trend current power. With a full alert package.
The 6th. The indicator is FPH_Oscilator. It is another confirmation indicator with a full alert package.
System installation
If you already have MetaTrader 4 installed, place the following files: Indicators goes:
into C:/Program Files/xxxxx/experts/indicators, where xxxxx is the name of your MT4.
For example, the MT4 from FxPro is called FxPro – MetaTrader, and the complete
Template goes:
into C:/Program Files/xxxxx/templates, where xxxxx is the name of your MT4.
After finished restart, you MT4 platform for changes to apply.
System Rules
Go short:
1. FPH_Meter – select currency which is weakest and trade against strongest.
2. FPH_Line turns red and goes above FPH_Bars.
3. FPH_HistoBars goes below 0 and turns red.
4. FPH_Filter goes below 0 and turns red along with blue and green lines.
5. FPH_Oscilator bars go below 0 and turns red.
Go Long:
1. FPH_Meter – select currency which is strongest and trade against weakest.
2. FPH_Line turns blue and goes below FPH_Bars.
3. FPH_HistoBars goes above 0 and turns green.
4. FPH_Filter goes above 0 and turns green along with blue and green lines.
5. FPH_Oscilator bars goes above 0 and turns green.
*Enter trade if all indicators confirm signal!
Exit rules:
Exit trade when indicators turn against your trade direction. The trailing stop could be applied, stop loss for it depends on the timeframe.
Stop-loss should be placed at the previous low
Please share before download 🙂
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