QuantumFX Forex Indicator System FREE Download QuantumFX Forex Indicator System FREE Download

QuantumFX indicator is a Forex indicator system that mainly works based on the MadroGolden filter indicator.

To generate trading filters, the indicator is built using standard indicators such as RSI, DeMarker, Momentum, MACD, Force Index and Moving Averages. Trade when two or more signals of the same color appear ( Blue – for buying, Red – for selling). Avoid trading when conflicting signals appear.

MadroGolden Filter Indicator

At the bottom of the indicator display window is the momentum signal. Red indicates downward momentum and blue indicates upward momentum. Momentum signals are derived from the standard momentum indicator available in Metatrader 5. Momentum indicator values ​​above 100 indicate upward momentum. Values ​​below 100 indicate downward momentum.

Looking upwards, we have trend signals from the Power Index and Demarker indicators. Red shows a downward trend and blue shows an upward trend. A Strength Index above 0 and a Demarker above 0.5 indicate an uptrend. When the Demarker is below 0.5 and the Power Index is below 0, a downtrend signal is displayed.

Next comes the indicator crossover signal. These signals can also be used as confirming trend signals. Indicators used to display these signals are Relative Strength Index, Moving Average Convergence Divergence and Average Directional Movement Index. The signal is triggered as follows:

• crossup – If Rsi is above 50, Macd is higher than the previous Macd value and Adx +Di > -Di.
• crossdwn – If Rsi is below 50, Macd is lower than the previous Macd value and Adx +Di <-Di.

Finally there are indicator arrows based on moving averages. These arrows simply show upward or downward crossovers of two moving averages.

This QuantumFX system can provide you with trading signals as is or as suggested adding additional chart analysis to filter the signals further . While the system can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account until you become consistent and confident enough to go online.

You can set the MadroGolden indicator to send you signal alerts. This is helpful because it means you don't need to stare at the chart all day long waiting for a signal to appear, and you can monitor multiple charts at the same time.

The QuantumFX trading system can be used on any Forex currency pair and other assets such as stocks, commodities, cryptocurrencies, precious metals, oil, gas, and more . You can also use it within any time frame that works best for you, From 1 minute chart to 4 hour chart.

Forex indicator system trading rules

QuantumFX indicator system works well on 15M and 30M charts. However, you can use this method on any time frame. Remember, as a general rule of thumb, if you are trading (such as the 30M chart) you always need to check the 1H and 4H charts and determine the long-term trend. Do not view signals on the 30M chart as counter to the long-term trend to minimize retracement and increase consistency.

We also recommend changing (adding or removing) indicators according to your needs and trying new strategies.

Buy

• Up arrow on Blue Bottom Madero Gold Filter Indicator (shown only after candle close)
• There must be at least (3) Madro Golden Filter indicators blue (preferably four to confirm entry). If one of these four (arrow, cross, square, and "x" square) is red , there is no entry.
• The actual candle must be GREEN .
• FXSniper LSMA must be green .
• PriceChannelStop v1 must be cyan color and candlestick below.
• Use Fibonacci retracements and pivot lines for additional judgment. If you are not familiar with pivot points, then I recommend reading the other pivot point summary information included in this pack for free so that you can use it with caution in scenarios that create buy signals based on the proximity of price to the pivot area.

Sell

• Down arrow on the Red Madro gold filter indicator.
• There must be at least (3) Madro Golden Filter indicators red . If there is a blue one, entry is off limits.
• The actual candle must be RED
• FXSniper_LSMA should be red .
• PriceChannelStop v1 must be above magenta color and candlestick.
• Use Fibonacci and pivot lines as described above.

Stop Loss and Take Profit

Depending on your preference, you can use SL in a number of different ways. There are no fixed rules for this system.

One way is to set the stop loss lower than the low of the last 3-4 candles, but no more than 25-30 pips for slow pairs (e.g. EUR/USD) and no more than 35-40 pips for volatile pairs (GBP/USD, EUR/JPY, etc.).

The safest price target is the next pivot line minus the spread (Example: long entry close to pivot = target for line R1 – spread)

Exit as soon as any indicator starts changing color. Additionally, you may want to move your stop loss to a safe position if you want to stay in the trade, or close half of your position and make more profit from the trade. It all depends on your taste.

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