MT4 FOREX
NAME: SHAIKH MAHEBOOB
Tools (MetaTrader4) :
Bollinger Bands (indicator that comes by default in Metatrader, use 10 periods)
RSI Colorode (Relative Strength Index 10 periods)
Gann Hilo Activator V2 (called testing) ( to show the trend change threshold)
MT4 fractals default
MACD (5, 13, 1)
Candle Time : 5 min or 15 min
Expire Time : 3 Candles
Call Signal :
EMA 3 periods must be located below the EMA 10 (midline of the Bollinger) and MACD and RSI are in negative territory (for the MACD is below zero and RSI<0 ) - Expect the price (candles) and 3 EMA crosses above 10 periods (the center line of the Bollinger Bands), MACD is about to cross the area of the positive , the RSI is cross the line 50 from the bottom (RSI >0) .
Put Signal :
EMA 3 periods must be located above the EMA 10 (midline of the Bollinger) and MACD and RSI are in negative territory (for the MACD is above zero and RSI>0 ) - Expect the price (candles) and 3 EMA crosses below 10 periods (the center line of the Bollinger Bands), MACD is about to cross the area of the negative , the RSI is cross the line 50 from the top (RSI<0).
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