Colored Moving Average
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Thread: Colored Moving Average

  1. #1

    Colored Moving Average

    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.

    [mod="ContestFX"]Strategy confirmed[/mod]
    Last edited by ContestFX; 10-29-2018 at 11:45 AM.

  2. #2

    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

  3. #3
    Moving average color is red and price is also go blow the moving average which is good sign of sell on GBPUSD

    - - - Updated - - -

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

  4. #4

    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.

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