MMTT system | Foreign exchange indicator download-MT4/MT5 resources-MetaTrader 5 resources
Hello. I've been reading the forexfactory thread for a long time, but this is my third post here.
I just wanted to release my system and see how people reacted to it.
Basic knowledge:
1- I use the channel created by the two moving averages in the daily channel as my first reference for placing trades. These 2 MAs are 2-period linear weighted MAs, one for high prices and the other for low prices.
2- I look for selling opportunities when the price is above the moving average. I look for buying opportunities when price moves below the lower moving average.
3 - Get entry signals on the 5 minute chart by finding higher lows and lower highs price patterns.
I use a multi-timeframe MA so that I can see the daily channels on the 5-minute chart.
I use this indicator to find higher lows and lower highs more easily
I just wanted to release my system and see how people reacted to it.
Basic knowledge:
1- I use the channel created by the two moving averages in the daily channel as my first reference for placing trades. These 2 MAs are 2-period linear weighted MAs, one for high prices and the other for low prices.
2- I look for selling opportunities when the price is above the moving average. I look for buying opportunities when price moves below the lower moving average.
3 - Get entry signals on the 5 minute chart by finding higher lows and lower highs price patterns.
I use a multi-timeframe MA so that I can see the daily channels on the 5-minute chart.
I use this indicator to find higher lows and lower highs more easily
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