Ihour Indicator free

Profitable Forex System

Ihour Indicator free based on 1 hour chart, thats why named Ihour Indicator free , Lol
How to use this system?
What is the rules?
When Entry?
When to exit market?

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It use 2 bars

The 1st gives us the SL and the TP

Set up for long

A 1hour down candle

Followed by a 1 hour up candle the low of which was supported by the 1st candle,and the size of which is 50% the size no greater

Set up for a short

A 1hour up candle

Followed by a 1 hour down candle the high of which was supported by the 1st candle,and the size of which is 50% the size no greater

SL

The low of either candle for a long
The high of either candle for a short

TP

The high of the 1st candle for a long
The low of the 1st candle for a short

Trade on various pairs as signals are not fast and furious.

Take a look at the chart the entry and set up is very easy..again ideas welcome
 
For More detail, visit the original source:http://www.forexfactory.com/showthread.php?t=146556 

1 comments:

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