MMR - all in 1 - (MA, MACD and RSI) is really simple and powerful indicator.
Those three indicator gives you a lot of useful information,
when you connect all them in only one, things are really simple.
DOWNLOAD MMR Indicator (right click - SAVE AS..)
2. Simple but powerful Free Trading System with MMR
This system is very simple to follow - Use MMR as strategy.
Enter when red or green bar appears and Exit when main line crosses zero line.
Place your stop loss 2-3 pips below ( when buy) 2-3 pips above ( when sell) of the previous candle.
Example:
Buy 1,4000
Previous candle low 1,3990
SL should be 1,3990-2pips = 1,3988
An opposite rule for sell orders.
Timeframes: M15 to 4H
Pairs: All major pairs.
This system is very simple to follow - Use MMR as strategy.
Enter when red or green bar appears and Exit when main line crosses zero line.
Place your stop loss 2-3 pips below ( when buy) 2-3 pips above ( when sell) of the previous candle.
Example:
Buy 1,4000
Previous candle low 1,3990
SL should be 1,3990-2pips = 1,3988
An opposite rule for sell orders.
Timeframes: M15 to 4H
Pairs: All major pairs.
Try this simple system you will be impressed how powerful it is.
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Happy trading
Valliant
SOURCE: the indicator is available for free on some open Forex sources.
Really nice post, your blog is interesting and so informative. Wait for your next blog post.
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