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Forex Apocalypto

Forex Apocalypto is a trend momentum system based on five indicators MT4: Medium term trend. Market strength. Short term tre...

    Forex Apocalypto is a trend momentum system based on five indicators MT4:
      Medium term trend.
      Market strength.
      Short term trend.
      Market momentum (Price must be on the ‘right’ side of the Moving Average (above-BUY / SELL-below).
      Trend confirmation.
    Forex Apocalypto
    Full compliance of all indicators. Price is above the average. The market is ready for a long position (BUY).
    Example of LONG trade (BUY)
Forex Apocalypto
    Full compliance of all indicators. Price is above the average. Price broke the medium trend band. The market is ready for a long position (BUY).Example of SHORT trade (SELL)
Forex Apocalypto
Full compliance of all indicators. Price is below the average. The market is ready for a short position (SELL).
Example of SHORT trade (SELL).
Full compliance of all indicators. Price is below the average. Price broke the medium trend band. The market is ready for a short position (SELL).
It may happen that you are late for the first entry, or you trade conservatively and wait for further confirmation from the market. In this case, you can always look for re-entry at a later stage of the movement. The condition is: the confirmation of the system to continue moving in that direction.
When to exit a trade
There are several methods for closing the transaction. At the first sign of decline in the strength of movement When price hit major support and resistance levels, especially those confirmed at high time intervals  DashboardDB is a small indicator located in the upper right corner. It provides basic information about the market, like -:  currency pair- time interval - time until another candlestick is open - spread value -current price- ADR (average daily range) indices .
  • Forex Apocalypto

    Forex Apocalypto
    • ADR indices show us two periods of time and the current (today's) price range. The first one (ADR 30) indicates a medium price range over the last month (last 30 days). The second one (ADR 5) shows us the price range throughout the last five days.
    • How to put this information to practical use?
      Firstly, ‘Today Range’ indications tell us how much "space" left there is on a given instrument until the maximum is reached for the day. If, for example, TR shows 50pips, and ADR (5) and ADR (30) indicate 100pips, it's very likely the instrument you're observing will get closer to these values, providing additional 50pips of movement.
    • Another very important piece of information from the indications of ADR is the change of the market's sentiment and dynamics, which can be derived from the mutual relation of ADR 30 and ADR 5.
      If ADR 5 is lower than ADR 30, it means the volatility prevalent on the market is currently decreasing, and a smaller price range for each day can be expected.
      If ADR 5 is higher than ADR 30, it means dynamics on the market are growing by the day, so you can count on greater movement range. 

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