Radar Signal trading system is a forex strategy trend following breakout. It's base on the radar signal indicator.
Time Frame 30 min or 60 min .
Currency pairs:EUR/USD, GBP/USD, AUD/USD, USD/CHF/ GPB/JPY, EUR/ JPY, US/NZ, and exotic currency pairs.
Metal:Gold and Silver.
Indices: S&P 500, Dax, FTSE.
Metatrader Indicators:
Radar Signal,
Daily Open,
Stochastic histogram ( 14, 3,3,).
Rules for Radar Signal Trading System
Long Entry
Radar signal indicator indicates a pending buy order.
Placed order, if Stochastic histogram is green and the price is above the daily open line.
Short Entry
Radar signal indicator indicates a pending sell order.
Placed order, if Stochastic histogram is red and the price is below the daily open line.
Exit position
At the profit target indicate by radar signal indicator or fast profit target that depends by currency pairs. Initial stop loss 30-40 pips.
In the pictures Radar Signal trading system in action.
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