Expert advisor made on forexlines2016

MQL4 Experten

Spezifikation

BUY/SELL in BIG TIMEFRAMES (H1/H4/D1)

BUY : GREEN ARROW + GREEN DONAT, EXIT : RED ARROW

SELL : RED ARROW + RED DONAT, EXIT : GREEN ARROW


USE BOOM INDICATOR FOR EXIT WHEN YOU USE IT IN SMALL TIMEFRAMES (5M/15M/30M)

GREEN BOOM : EXIT SELL

RED BOOM : EXIT BUY

Arrows are made of EMA + LWMA crossover with MACD and RSI confirmation. It Repainted, This can be used to exit. Green to exit SELL. Red To exit
BUY. If you use it in the timeframe H4, this indicator can detect a trend that continued. If the green arrow just appeared on the first bar, it was a sign
the trend will be down to 50-200 pips and then reverse. Vice versa, for that you need to wait for the green donuts before opening BUY positions.
If after the green arrow and green donuts appears and you open a BUY position, then a green arrow disappears or pushed down, you should exit. And
wait until the next green donut appears. And vice versa, but this rarely happens. This usually occurs when the price approached the level of support or
resistance in the timeframe H4 and D1.


Image 1Image 2Image 3




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