483# Ribbon Trader, MACD and Stochastic Trading System

Trading with Ribbon Trader indicator

Submit by Buddy 15/08/2013

This is a trend momentum trading system because is based on the trend indicators and momentum indicators.

Time Frame 15min or higher

Currency pair:any.

Singal Entry stop metatrader indicator,

FerruFx_Multi_info THV metatrader indicator,
GG-TrendBar-all time frame metatrader indicator,
Pivot Points Levels Multitimeframe metatrader indicator,
RibbonTrader metatrader indicator;
signal entry indicator,
SPAT SMOOTH Heiken Ashi metatrader indicatr
Stratman_MiniChart_v20 metatrader indicator,

MACD indicator (12,26,9),

Stochastic indicator (8,3,3).

Long entry

1- MACD must be above 0 line.

2- Price must be above Spat smooth Heinken ashi indicator

3- entry stop turning from magenta to aqua (always wait for the bar to close and enter on next candle)

4- Stochastic indicator pointing up

5- Ribbon Trader indicator has all bars green

6- Look for additionnal informations from GG trendbar, signal, FerruFx multi info and Stratman minichart to see how is the trend going on other timeframes.

Short entry

1- MACD must be below 0 line.

2- Price must be below Spat smooth Heinken ashi indicator,

3- entry stop turning from magenta to aqua (always wait for the bar to close and enter on next candle),

4- Stochastic indicator pointing up,

5- Ribbon Trader indicator has all bars red,

6- Look for additionnal informations from GG trendbar, signal, FerruFx multi info and Stratman minichart to see how is the trend going on other timeframes,

Exit Position

The latest swing high or low for stop loss.

Take profit when opposite signal from entry stop.

Profit Target pivot points levels or predetermined profit target that dependes by currency pair and time frame.

Ribbon Trader, MACD and Stochastic Trading System: Template and Indicators

Comments: 3

#3
yosi (Wednesday, 19 April 2017 13:39)

thanks for sharing
#2
yanaungzeya (Sunday, 29 March 2015 15:06)

Sorat,right indicator name is stratman minichart .If you not see these indicator on your chart that mean you need to install the font
#1
Sorat (Saturday, 21 March 2015 05:07)

Can you tell me what the indicator on right is?