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Grail Indicator Strategy

Grail Indicator Strategy is a trend momentum price action strategy trend reversal. The purpose of this strategy is to identify the overboug...

Grail Indicator Strategy is a trend momentum price action strategy trend reversal. The purpose of this strategy is to identify the overbought and oversold areas on the chart through a channel of triangular moving average (TMA). When the price comes from the lower band one is in a situation of oversold, when the price exits from the upper band one is in a probable situation of overbought. Then you enter the market when the conditions begin: a RSI 21 periods (blue line) crosses the smoothed RSI lines up / down and a green / red bar is drawn in the histogram, the buy / sell arrrow of Super Signal beast appears and a green / red dot of the 'Non Lag indicator To make a purchase / sale after the price has gone out of the channels it is sufficient that two of the previous conditions occur.
Time frame 15 min or higher, best time frame 60 min , 240 min or daily.
Currency pairs: major, minor and Commodities.
Metatrader 4 indicators for build the template
Next Move Indicator (0.8, 2.0, 19, 33, 610, 1).
Grail Indicator mq4 default setting.
Non Lag dot Ma indicator mq4 (30 period).
Beast super signal (60, 5,3, Stochastic 7, OS 30- OB 70).
Price border (TMA) half length 72, ATR multiplier 3.0, ATR period 110.
RSI Signal indicator mq4 ( RSI 1 period 14, RSI 2 period 7, RSI 3 period 21).
Trading rules Grail Indicator Strategy
Buy
Necessary conditions.
Price goes out or closes below the lower channel of the TMA.
A red circle of Grail indicator appears.
conditions for entry timng
A Beast Super Signal buy arrow appears
RSI 21 periods crosses the smoothed RSI lines upwards and a green bar appears in the RSI histogram.
Not lag dot MA green dot.
To enter buy two of these last conditions are required.
Other conditions: Price breaks upward trend line (optional)
Next move line pointing upward.
Initial stop loss below the red circle.
Profit target options: stop loss ratio 1: 1.18, to the opposite arrow, or n .. pips before the upper channel.
Sell
Necessary conditions.
Price goes out or closes above the lower channel of the TMA.
A red circle of Grail indicator appears.
conditions for entry timng
a Beast Super Signal sell arrow appears
RSI 21 periods crosses the smoothed RSI lines downwards and a red bar appears in the RSI histogram.
Not lag dot MA red dot.
To enter sell two of these last conditions are required.
Other conditions: Price breaks downward trend line (optional)
Next move line pointing downward.
Initial stop loss above the red circle.
Profit target options: stop loss ratio 1: 1.18, to the opposite arrow, or n .. pips before the lower channel.
Examples of trades with Grail Indicator Strategy.
Grail Indicator Strategy

Grail Indicator Strategy

Grail Indicator Strategy

Grail Indicator Strategy

Grail Indicator Strategy

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