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Green lantern system | Foreign exchange indicator download - MT4/MT5 resources

author EAcpu | 3 reads | 0 comments |
This is the trading system I use. Might be useful for those who want to try a few different systems. I've just been trading for a few weeks and it's good enough for me.
If anyone has comments or improvements to this system, please share it here

Indicators and settings used:
Time to get to the next bar
#signal_bars_v9 (password: free_at_tsd)
ma in color_wappliedprice (12,3,6)
heiken_ashi_smoothed1lime (2,6,3,2)
Moving average (previous indicator data was 3SMA)
Trend Lord (Issue 21)
RSI-TC (21, 50, 50, true)

I use it mostly on the m15, but sometimes on smaller time frames as well. Never tried it on higher timeframes, but I think it should work there as well.

Long entry:
heiken ashi turns green when the moving averages cross
The color of the trendlord indicator should match the heiken ashi bar, so it is also green
RSI is above 50 and in green

Short name entry:
When the moving averages cross, heiken ashi turns white
The color of the trendlord indicator should match the heiken ashi bar, so it is also white
RSI is below 50 and white

Exit is when all the above points turn to the other side. If only 1 or 2 indicators differ on a trade, I usually abandon the trade until all 3 indicators differ again.

Indicators are credited to the original authors, I didn't create them, I just found them and put them together.

appendix
[EX4] Trend Lord.ex4 4 KB | 2,893 downloads


appendix
[EX4] #Signal_Bars_v9 .ex4 39 KB | 3,122 downloads


appendix
[MQ4] Time to next bar.mq4 3 KB | 2,243 downloads


appendix
[MQ4] Heiken_Ashi_Smoothed1lime.mq4 4 KB | 2,556 downloads


appendix
[MQ4] RSI-TC.mq4 5 KB | 2,643 downloads


appendix
[TPL] ido9.tpl 14 KB | 2,445 downloads


appendix
[MQ4] MA in Color_wAppliedPrice.mq4 5 KB | 2,492 downloads
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Schermafbeelding 2010-06-06 om 23.42.22.pngEURJPY-2010-06-07-22-28-52.jpgEURJPY-2010-06-07-23-42-43.jpgeu_m5_short.gif
Schermafbeelding 2010-06-06 om 23.42.22.pngEURJPY-2010-06-07-22-28-52.jpgEURJPY-2010-06-07-23-42-43.jpgeu_m5_short.gif

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