Price Action Easy is a trading system on the price mouvement but it's also based on trend-momentum indicators the but of this system is capture the impulse.
Time Frame 15 min, 30 min, 60 min, 120 min, 240 min.
Financial markets any.
Metatrader 4 indicators for buid the template
RSI bars 21 periods,
orizzontal line (support and resistance),
Momentum filter,
Pips blaster (bands above and below the price).
Rules Price Action Easy
Buy
Price has close above the orizzontal line.
Blue bands below the price ( two bands best choice) ,
Momentum indicator crosses upward.
Sell
Price has close below the orizzontal line.
Red bands above the price ( two bands best choice) ,
Momentum indicator crosses upward.
Exit position is discretionary becouse this is also a good system of filter trend following, that you can use also with other indicators.
Price Action Easy is a trading system on the price mouvement but it's also based on trend-momentum indicators the but of this system is capture the impulse.
Time Frame 15 min, 30 min, 60 min, 120 min, 240 min.
Financial markets any.
Metatrader 4 indicators for buid the template
RSI bars 21 periods,
orizzontal line (support and resistance),
Momentum filter,
Pips blaster (bands above and below the price).
Rules Price Action Easy
Buy
Price has close above the orizzontal line.
Blue bands below the price ( two bands best choice) ,
Momentum indicator crosses upward.
Sell
Price has close below the orizzontal line.
Red bands above the price ( two bands best choice) ,
Momentum indicator crosses upward.
Exit position is discretionary becouse this is also a good system of filter trend following, that you can use also with other indicators.
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