Forex Line Indicator V7

Entry Buy condition
-Candle #1 must have Yellow
-Candle #2 to close same or higher than candle #1
-If Candle #2 not higher than #1. Candle #3 must closed higher than #1 & #2
-Signal Buy invalid if candle #2 & #3 closed lower than #1
-Take profit if yellow appear or if stoc cross at overbought zone or follow MM
-Stop Loss set at lowest candle #1 or at support fibo line
-Candle #1 to combine with stochastic at oversold zone
-Hold Longer if all condition meet and candlestick crossed above FL1 Line
Entry Sell condition
-Candle #1 must have Yellow
-Candle #2 close same or lower than candle #1
-If Candle #2 not lower than #1. Candle #3 must closed higher than #1 & #2
-Signal Buy invalid if candle #2 or #3 closed higher than #1
-Take profit if yellow appear or if stoc cross at oversold zone or follow MM
-Stop Loss set at highest candle #1 or Above Yellow dot
-Candle #1 to combine with stochastic at overbought zone
-Hold Longer if all condition meet and candlestick crossed below FL1 Line

Timeframe M5 Trading Strategy

How this signal work (Arrow non repaint after candle closed)
1st arrow coming = Wait
2nd arrow coming = don’t entry fake arrow
if 2nd arrow up = don’t buy – Look for Sell entry
Entry Sell when it touch upper Fibo Line / Long candle red
if 2nd arrow down = dont Sell – Look for Buy entry
Entry Buy when it touch lower Fibo Line / Long candle Blue
If price go to Lower Fibo then reverse after 2nd arrow = Entry Buy
If price go to Upper Fibo then reverse after 2nd arrow = Entry Sell
3rd arrow = Confirmed Buy
After 3rd arrow coming set Stop Loss at Lower / Upper Fibo Line
Stop Loss & Take Profit ratio 1:2
How many pips from entry point to Lower / Upper Fibo
If range SL = 20pips so TP is 40pips
Waiting Buy if RSI Graph Line at Oversold zone
Waiting Sell if RSI Graph Line at Overbought zone
50 / 50 Buy or Sell when RSI at Mid Line zone

Buy at Support If candle #1 at support zone & entry at candle #3
For H1, H4, D1 & W1 Timeframe

Sell at Resistant If candle #1 at resistant zone & entry at candle #3
For H1, H4, D1 & W1 Timeframe

Combination of FL-Arrow + Mini Line Arrow

Combination of FL1 Line, Mini Line & Fibo Trend

Auto Trend Line Strategy

Dot will alert when price touch upper and lower trendline Entry Sell at Upper Trendline & Buy at Lower Trendline
Set alert to you Phone

Money Management (Risk reward ratio = 1:2)
If your stop loss 10pips – Take profit is 20pips
If your stop loss 20pips – Take profit is 40pips
Stop loss point is at Fibo resistant or support and at candle #1 high or low

Readers Comments (2)

  1. Thanks a lot. This is great content. I might share some for you guys too. Great work poster!

Leave a comment

Open