Arithmetic
trader is an overbought and oversold indicator of momentum and
strength oscillators such as the Commodity Channel Index and Relative
Strength Index. The Arithmetic trader indicator therefore generates
buy and sell signals based on this principle by drawing on the chart
a blue arrow (purchase) and a red arrow (sale) with the related stop
loss and profit target levels. But you also exit the position when
the opposite arrow is drawn on the graph.
The
indicator works well when the market is lateral, so it applies to
securities like EUR / USD, EUR / CHF, AUD / CAD, USD/CHF what is
important is that the currency pair is in laterality.
The
default time frame is H1.
In
the pictures Arithmetic Trader examples of trades.
Alternative
way to trade with Artmetic trader indicator MT4
An
alternative way to work with the Artmetic trader indicator is to
consider the indicator not as entry timing but as inversion and to
use the W.A explosion indicator as the entry timing.
In
this case you can trade on multiple time frames and you can use all
the currencies, so you value the goodness of the Arithmetic trader
indicator to predict a reversal of market prices.
Time
Frame 30 min or higher.
Currency
pairs: major, minor, Gold, Silver, Oil and Stock indexes.
Metatrader
4 Indicators
Arthemetic
Trader
Bollinger
Bands (period 20, deviation 2.0).
Parabolic
Sar MTF (0.2-0.02).
WA
Explosion (150, 30,15,15).
Tradig
rules
Buy
Arthmetic
Trader buy arrow.
Entry
n the Market when WA Explosion histogram green is above Moving
Average.
Sell
Arthmetic
Trader sell arrow.
Entry in the Market when WA Explosion histogram red is above Moving
Average.
Exit
position option:
Place
initial stop loss on the previous swing High/Low.
Exit
when WA Explosion histogram is below moving average, when Parabolic
Sar changes direction or with ratio stop loss 1.18.
In
pictures examples of trading with Arthmetic Trader.
Post a Comment