95# Urban Towers Forex Strategy
Rainbow Forex Strategy
Rainbow v.7 MT4 Indicator
Submit by joy22
Time Frame 15 or Higher
Pair:all
Indicators:
Rainbow 7
Description : During a trend, when the market retraces to the blue MA with at least 3 consecutive lower highs (3 towers), we enter at the break of the high of the last high.
Price is above the blue MA trend is up
Price is below the blue MA trend is down
Long Entry
Market retraces towards the blue MA with 3 consecutive lower highs (in a uptrend)
At the break of the high of the last candle, we enter long (in a uptrend)
Short Entry
Market retraces towards the blue MA with 3 consecutivehighest Lower highs (in a downtrend) At the break of the Low of the last candle, we enter Short (in a downtrend)
Exit position
When the price is below or above rainbow 7.
In the pictures Urban Towers forex system in action.
Urban Towers Trading System: Indicators
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