4# Rainbow Trading System

The template is made up of colored moving averages that set the direction of the market. when the price is above the moving averages the trend is up when it is below the trend is down.

Then I introduced a filter that detects the volatility of the market to indicate that when the volatility is low dot green we must avoid taking positions but this indication is optional.

Time frame: 15 minutes or more.

Trading Pairs, Currencies, Crypto Currencies, Commodity Stock Indices and Stocks.

Metatrader indicators 4

Flat Pulse

Rainbow (formed by a set of moving averages)

AscTrend: Sensitivity 6.

Trading Rules

Trade only in the direction of the trend

Buy

Candle over rainbow.

AscTrend buying arrow.

Sell

Candle under rainbow.

AscTrend sales arrow.

Exit position

Stop loss placed on the previous swing high / low.

Profit Target ratio stop loss minimu 1: 1.25.

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