539# Multi Indicator Trading
Trend Trading and Reversal
Submit by Nik Kid 14/08/2016
Multi Indicator trading are two trading ideas (trend and reversal-trend) based on Multi Indicator.
I have posted two version of this indicator the first with MQL4 file.
Time frame for 5 min or higher.
Financial Markets:any.
You can use these ideas of trading also for binary options high/low.
Multi Indicator is based on following indicators:
RSI 7, Stochastic 5,3,3,3 , CCI 21, momentum 13, Money Flow index 13, Demarker 13.
Trend trading
Indicators:
Multi Indicator 1.03;
NRP Super Trend Histo MTF.
Buy
Multi Indicator 1.03 arrow buy.
NRP Super Trend Histo MTF. blue bar.
Sell
Multi Indicator 1.03 arrow sell.
NRP Super Trend Histo MTF. red bar.
Reversal trading
Indicators:
Multi Indicator 1.03;
Donchian Channel +ATR.
Buy
When appears the red X wait the buy arrow of the multi indicator.
Sell
When appears the blue X wait the sell arrow of the multi indicator.
With this strategy you can use martingale.
Share your opinion, can help everyone to understand the forex strategy
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Lorenz (Sunday, 08 January 2017 12:00)
This is a great idea, good profitability.
Jens (Tuesday, 03 January 2017 07:55)
The system generates a lot more buy signals than sell signals.
I'm not sure that the coding of the indicator is correct.