Holy Cross System | Foreign exchange indicator download-MT4/MT5 resources

Dear trading partners,

It all started when I was trying to find a winning strategy. Look here, look there. Try this, try that. Until I came here. Maybe there is no Holy Grail. But what about the system I'm developing these days? Check the daily price moving averages and take action on what I call the "Holy Cross"

The settings are as shown below (example):


1. Luweima ; I use AllAverages.ex4 because it tells me the direction of the trend.
Attach to each chart using the default values ​​TimeRange = 0, Price = 6, MA_Shift = 0, MA_Method = 3, ....

....But MA_Period values: M1 = 720, M5 = 144, M15 = 48, M30 = 24, H1 = 12, H4 = 3. Each value is DAILY calculated divided by 2 (two); used for early warning.

Price = 6: Weighted Closing (HLCC/4), and MA_Method = 3: Linear Weighted (http://www.onlinetradingconcepts.com...AWeighted.html).

2. Default Parabolic SAR indicator (http://www.onlinetradingconcepts.com...bolicSAR2.html).

index

AllAverages_v2.1 cc.ex4 http://www.forexfactory.com/attachme...6&d=1320348682



What to see:

1. H4 chart looks at the big picture; judge the upward or downward trend by observing the direction of LWMA (green means upward, red means downward).
2. Look at M1, is it a major trend or a minor trend*. The general trend will be better, otherwise you will miss many opportunities to make big money.
3. Determine the current trend from the M1 chart.
4. You should open a position when the price crosses the LWMA line on each time frame.
5. I only use PSAR for stop loss (observed on M5 chart), but it can be confirmation of opening a position only if PSAR is at the same point on every chart (it is a must on H1 and M15, do not trade opposite).

*A major uptrend is when price is above LWMA and the LWMA line is sloping upward (green). A smaller uptrend is when price is below the LWMA and the LWMA line slopes upward (green). The main downtrend is when the price is below the LWMA and the LWMA line is sloping downward (red). A smaller downtrend is when price is above the LWMA and the LWMA line is sloping downward (red).

So whether it's long or short...

Entry Points : Price crosses the LWMA line on every time frame (M1, M5, M15 and confirms through higher time frames in order to gain more points). Check the blue vertical and horizontal lines on the chart.

Take Profit : You can set 15 pips for each trade, or you can wait for the Stop and Reversal (PSAR) to show up on the M15 chart, or you can decide on your own.

That's it.

Need help with advice or suggestions so this system is worth it.

Thank you, FF. Thank you all. Sorry for the English.