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From 7am GMT you can start looking for

the following:

Buy or long,

the SMI must either be curling up from -40 or the Zero lines, the MA signal[arrow]

must show on your chart and He

iken Ashi candle must be white.

VQ will show an arrow in the

indicator window. Stochastic Oscillator must have moved up from

the 20%line. Take profit when the SMI hits the +40 line or the candle hits the 60MA. Could be

30 to 50 pips.

301# Easy 15min T

rading System

15 min forex trading system with stochastic momentum index 15 min forex trading system with stochastic momentum index

Submit by Nico 10/02/2012

This system is based on Metatrader charting. The tools ne

eded are the following:

For short or a sell

, the SMI must be moving down from +40 line, stochastic must also be on its

way down from 80% line and arrow of VQ and arrow of MA must have appeared.

Heiken Ashi must have turned red. Take profit when SMI hits the -40 line or a candle hits the

60MA. Another 30 to 50 pips.

Practice this first on a demo and

check the TREND on the 1hr and

4 hr charts. Also check

where the daily pivot levels are.

The daily pivots are support and resistance levels

than can cause a reversal of t

rend. Take

profit at these levels. You can always re-enter if it breaks through and opens a new candle above

or below the pivot levels.

I

Innddiiccaattoor r MMTT4 4 DDoowwnnllooaad d MMTT4 4 CCaannddlleessttiicck k FFoorreexx

Ads by Ads byGoogleGoogle

F

Foorreex x SSttoocckks s SSttaarrt t FFoorreex x EEaassy y FFoorreex x TTrraaddiinngg

F

Foorreex x IInnddiiccaattoorrs s MMTT4 4 TTrraaddiinng g SSyysstteem m FFoorreex x SSiiggnnaal l FFrreeee

1.

15min EURJPY chart

2.

Heiken Ashi

3.

SMI [STOCHASTIC MOMENTUM INDEX by William Blau]

First indicator window

(Settings: 14,10,14,5) (Levels:+40,-40,0

4.

Stochastic Oscillator [This one in the second indicator window] (Settings: 10,1,7)Price

field: close (MA method: simple (Colours: Main: Magenta and in signal type in none.)Levels:

20,50,80

5.

MA cross

_o

ver signal [arrow

]

(Settings 5,6)

6.

VQ [Volatility Quality] indicator by Raff (Setting:timeframe 0

) (length 5,method

3,smoothing 3,filter 3 ) This indicator must

be dragged from your navigator window down

to your firstindicator window where your SMI

is situated.

7.

Insert a 60 and 200 EMA on price chart.

Forex Strategies Resources

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I trade this method personally on the EURJPY pair 15min chart,and bag 100 pips average a day.

Please be aware of the risks of forex trading.

I suggest this system for daytraders that already have some basic knowledge of forex trading.

In the pictures Easy 15min forex system in action.

easy 15 min forex system: Tempale and Indicators

easy 15 min system Templete Trading System

easy 15 min system.rar

compressed file archive 1.2 KB Download

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Share your opinion, can help everyone to understand the forex strategy.

Comments:4

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Website: ame: * Message: * send * Required fields #5 Ba (Wednesday, 24 September 2014 00:02 ) #4

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thx Yinka

(Monday, 04 August 2014 10:42 )

pls i can't find the system and indicators to download, I can only see the template. pls help upload the arrow indicators?

#3

Forextradingstrategiesresources (Sunday, 20 October 2013 19:02 )

The moving average 200 shows the major trend.

Initial stop loss on the previous swing after 18-22 pips in gain move stop loss at the entry price. This is a fundamental rule for the management of the position.

Thanks admin

#2

sergio bentes

(Saturday, 19 October 2013 23:34)

Hellol, Im calling from Brasil, and I have a questios. 1) why MA 200? Is there any utility for it?

2) why in a picture above, there are two more MAs? 3) where you set your stop?

I think this strategy is very simple and very efficient too. I think is a very profitable strategy and I will use it. But if you answer this questions, will be very fine. Thanks, thanks.

wavesergiobentes@gmail.com

#1

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