Colored Moving Average

[krai]

Colored Moving Average
Account information:
CopyFX account type: Trader
CopyFX Trader name: krai
Account number:5257941
Read Only Password: abcd1800
Account type: CopyFx MT4 Pro-Cent
Account currency: USD
Leverage: 1:1000
CopyFX Informer

Strategy Parameters
Colored Moving Average
Method Simple
Period 14
Applied Price Close
Difficulty Easy
Risk and Reward 1:3
Red color MA Sell
Yellow Color MA No entry
Blue Color MA Buy

Strategy Description
Focus on moving average color when its color is red then open sell trade. If its color is yellow then no trade and wait for its color change to red or blue. If MA color is blue open a buy trade.
Buy Trade
Market price is close above the MA and its color is also blue that is a valid buy trade.

Sell Trade Rules
In this below chart market price is close below the MA and MA color is als red. Now we and open a valid sell trade.

Comment moderator

1. ContestFX
2. Strategy confirmed

[krai]

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I wil buy it at the bottom because its hold its low price which is show its bounce any time to upside and there moving average color is also change to blue which is also buy sign for me.


2018.11.27 02:57:16.877 '5257941': order was opened : #150176005 buy 2.00 GBPUSD at 1.27529 sl: 0.00000 tp: 1.28009
2018.11.27 02:57:07.112 '5257941': order #150175982 buy 17.50 GBPUSD at 1.27540 was modified -> sl: 0.00000 tp: 1.28009

[krai]

Moving average color is red and price is also go blow the moving average which is good sign of sell on GBPUSD





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Gold price is also below the moving average and its color is also red that is reason its a valid sell entry.

[krai]

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Price is above from the moving average and color is blue which is sign of buy trade.
So I open one buy on Euro and two buy orders are open on GBP/USD.