672# Spat Forex System
Super Dem Trading
Submit by Grab 29/02/2016
Spat forex system is a trend momentum system based also on the super dem indicator (price action indicator of support and resistance.)
Time frame 15 min or higher
Currency pairs:any
Metatrader indicators:
Super Dem (static support and resistance)
Combo indicator:This is a combination accurate trend following, leading, no lag currency pair strength indicators with unique algorithm that does not repaint after the close of the current bar. It is also useful for re-entry signals incase if you miss the initial entry .
Momentum arrow. It allow us to see when to
execute an order when other indicators are in line, there by giving us more entry confidence. It may repaint the current bar but immediately the candle closed, it stays permanently. Red indicates possible sell and green indicates possible buy signal
Heike Ashi
period multiplier,
major trend,
Ibfx pivot,
Mini chart.
BUY WHEN ALL THE FOLLOWING
CONDITIONS ARE MET RESPECTIVELY
Buy
• 1. Price bounces from PREVIOUS SPATSUPDEM BLUE LINES, the closer, the better. OR supdem BLUE lines start to auto-draw. PLEASE SEE WHAT CAUSED THE SPAT SUPDEM BLUE LINES THE NEXT PAGE
•2. MOMENTUM ARROW shows green.
•3. SPAT COMBO ALL appear BLUE
Do not enter until the CANDLE show or close BLUE unless you like to take the risk.
.4. PRICE CROSSES SPAT SMOOTH UP AND COLOR CHANGE TO BLUE
.5. Always scan through other higher time frames at a glance for price pattern and also other pairs at the same time frame to always shop for the best signal,
.6. SL, TP or exit depends on the time frame
initial SL to be some pips away from nearest swing high,
Sell
1. Price bounces from PREVIOUS SPAT SUPDEM RED LINES, the closer, the better.
OR supdem RED lines start to auto-draw.PLEASE SEE WHAT CAUSED THE RED
LINES THE NEXT PAGE
•2. MOMENTUM ARROW shows RED.
•3. SPAT COMBO ALL appear REDDo not enter until the CANDLE show or close RED unless you like to take the risk.
.4. PRICE CROSSES SPAT SMOOTH DOWN AND COLOR CHANGE TO RED
.5. Always scan through other higher time frames at a glance for price pattern and also other pairs at the same time frame to always shop for the best signal,
.6. SL, TP or exit depends on the time frame you are trading, my initial SL to be some pips away from nearest swing high,
In the pictures spat system in action.
Share your opinion, can help everyone to understand the forex strategy
Alex (Monday, 22 February 2016 11:46)
Awesome system man, to bad it doesnt come with a tpl ,but thats no biggie , just yesterday i made 150 pips with this.
Admin (Saturday, 30 January 2016 19:53)
Insert the indicators, and create a new file TPL.
The TPL file in the folder do not works.
Rob (Saturday, 30 January 2016 17:03)
Hi Grab , thanks for sharing . You said that Combo indicator " does not repaint after the close of the current bar ". You're absolutely sure about this ?
Thanks for replay.
axel (Friday, 29 January 2016 23:24)
ne fonctionne pas
Paul (Friday, 29 January 2016 23:04)
Template does not load , please verify .