Forex Line Indicator V5

January 10, 2020Forex Line38 Comments

CategoriesVersion

FOREX LINE 5 SCALPING STRATEGY ( TEMPLATE – TIMEFRAME H1 & M15)

SELL SIGNAL
SELL WHEN BELOW 3 SIGNAL COME OUT
RED LINE ARROW – CONFIRMATION 1
STOC CROSS ARROW – CONFIRMATION 2
RSI ARROW CROSS – CONFIRMATION 3
TAKE PROFIT SELL
TAKE PROFIT 1 WHEN STOC CROSSED
TAKE PROFIT 2 WHEN RSI CROSSED
TAKE PROFIT 3 WHEN BLUE LINE ARROW COME OUT
FALSE SELL SIGNAL
WHEN 3 ABOVE SIGNAL NOT COME OUT
WHEN ONLY 2 SIGNAL COME OUT
WHEN STOC LINE NOT CROSS BELOW MID LINE / REVERSAL
BUY SIGNAL
BUY WHEN BELOW 3 SIGNAL COME OUT
BLUE LINE ARROW – CONFIRMATION 1
STOC CROSS ARROW – CONFIRMATION 2
RSI ARROW CROSS – CONFIRMATION 3
TAKE PROFIT BUY
TAKE PROFIT 1 WHEN STOC CROSSED
TAKE PROFIT 2 WHEN RSI CROSSED
TAKE PROFIT 3 WHEN RED LINE ARROW COME OUT
FALSE BUY SIGNAL
WHEN 3 ABOVE SIGNAL NOT COME OUT
WHEN ONLY 2 SIGNAL COME OUT
WHEN STOC LINE NOT CROSS ABOVE MID LINE / REVERSAL
UPTREND WHEN RED, WHITE AND BLUE ZONE ABOVE YELLOW LINE
DOWNTREND WHEN RED, WHITE AND BLUE ZONE BELOW RED LINE
YELLOW STAR AND STOCHASTIC CROSS CAN BE USE FOR SWING ENTRY
BREAKOUT YESTERDAY HIGH IS BUY AND SL AT TODAY LOW OR DPV LINE
BREAKOUT YESTERDAY LOW IS SELL AND SL AT TODAY HIGH OR DPV LINE
IF SELL AT DS1 AND MS1 IS STOP LOSS AND DS2 OR MS3 IS TAKE PROFIT
IF BUY AT DR1 AND MR1 IS TOP LOSS AND DR2 OR MR3 IS TAKE PROFIT
RECOMMEND FOR TAKE FOR IS UNTIL DR2(BUY) OR DS2 (SELL) ONLY
SELL WHEN CANDLE BELOW DPV (DAILY PIVOT LINE)
SELL IT BREAKOUT YESTERDAY LOW / BREAKOUT MS1
SELL AT DPV LINE WHEN REVERSAL AND SET SL AT MS1
TAKE PROFIT AT DAILY RESISTANT 1 (DR1) OR DAILY RESISTANT 2 (DR2)
SELL AT RED DOT AND EXIT AT BLUE DOT (AFTER HIGH VOLUME)
SELL AT RED DOT LINE CROSS YELLOW (YELLOW BECOME RED LINE / RESISTANT)
SELL ON STOC CROSS MAKE SURE MINI SIGNAL M30+M15+M5+M1 ALL RED
BUY WHEN CANDLE ABOVE DPV (DAILY PIVOT LINE)
BUY IT BREAKOUT YESTERDAY HIGH / BREAKOUT MR1
BUY AT DPV LINE WHEN REVERSAL AND SET SL AT MS1
TAKE PROFIT AT DAILY RESISTANT 1 (DR1) OR DAILY RESISTANT 2 (DR2)
BUY AT BLUE DOT AND EXIT AT RED DOT (ONLY AT OR AFTER HIGH VOLUME)
BUY AT BLUE DOT LINE CROSS RED (RED BECOME YELLOW LINE / SUPPORT)
BUY ON STOC CROSS MAKE SURE MINI SIGNAL M30+M15+M5+M1 ALL BLUE
Reversal (when the line didn’t change, dot appear closely and Stoc cross)
Entry when retouch Yellow support or Red Resistant (All Zone above or below)
Uptrend when all Zone above yellow support line
Downtrend when all Zone below Red Resistant line
Check strength meter after market closed or after open market (Daily)
To know which currency is strong/Weak next week after market closed (Weekly)

FOREX LINE 5 SCALPING STRATEGY ( TEMPLATE – TIMEFRAME M5)

FOR M5 SCALPING CHART MUST BE ZOOM OUT INTO SMALLEST VIEW
Topics

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