241# Red, Green, Candle Strategy.
RCG indicators
RCG trading trend-momentum
Submit by Alfonso
I present to you a strategy profitable for binary options call of the Red, Green Candle , which literally translates as "green candle red" and this becomes evident when you look at the chart with indicators of the vehicle, which is dominated by the red and green. This strategy, I liked it immediately for its simplicity and, most important thing for any trader, for the accuracy of the signals data. The strategy uses three main indicators, which allow you to quickly analyze the signals and, on the basis of the purchase options.
You can use this trading system also for Day trading without binary options.
Time Frame 5 min or higher.
Currency: on all the major currency pairs, metals, indices and shares.
platform: Metatrader4
Opening hours: London and New York session
expiry time: 3 candles.
Metarader Indicators:
2 Ema red and green (Ma1 49, MA 2 89).
RGC course 21 period, close.
RGC shadow 3EMA ( 3, 13, 17).
RCG three colors (default setting).
RCG Histogram (21 period).
Trading rules Red, Green, Candle Strategy.
Buy
1.2EMA_Red_Green green color
2.The rims of the indicator 3Color_TF in the line along the vertical were colored in green
3. On the histogram in the third window of the indicators appeared a green bar.
Sell
1. 2EMA_Red_Green red color.
2. The rims of the indicator 3Color_TF in the line along the vertical were colored in red.
3. On the histogram in the third window of the indicators appeared a red bar (not a line).
In the pictures Green, Candle Strategy in action.
Share your opinion, can help everyone to understand the forex strategy.