we go long or short if rainbow colors are in right order. Like 5 EMA (open 5 EMA (close) etc. I believe that examples will help you understand much better. Im just going to make a list and you can chose or if you want do it how you like.
Sell strategy: When price crosses the upper red band, at least half way to the orange band (if it gets to the yellow band is better but not as usual) Then the price will tend to retrace towards the center of the bollinger bands, you. And rules: Long: Rainbow 07 is above rainbow 06 and rainbow 08 is above rainbow 07 10 ema and 12 ema cross. Just so it would be easier for you. Submitted by, azim, hello everyone.
Short: Rainbow 08 is below rainbow 07 and rainbow 07 is below rainbow 06 10 ema and 12 ema cross. Deviation 4 (Yellow) (the template for this bollinger bands can be downloaded form this post). So first candle when we can enter trade is candle after arrow candle) Rainbow is in right order. Now, price will constantly range between these lines. So first of all what we need: Rainbow MMA06, rainbow MMA07, rainbow MMA08, for those who don't use MetaTrader: MMA06 MMA07 MMA08 68 EMA 50 EMA 35 EMA 65 EMA 47 EMA 33 EMA 62 EMA 44 EMA 31 EMA 59 EMA 41 EMA. In my chart 06 is green, 07 is purple, 08 is blue. Trigger MAs has made cross. I attach the results from my last week 102 profit, 80 of profitable trades. No point on waiting for a loss.
What would be very nice, is if anyone can help.
Powerful Features check; 8 semi-automatic strategies: Trend Imperator, Reversal Krieger, Swing, Breakout, Trend, Kombi, Complex Dynamic.
With this I mean that we enter trade only on next 4 candles after stoch makes a cross.