Red
Arrow Strategy is a price action strategy. The signals for trading
are generated by the concordance of three arrows. The arrow are the
following: enter signal (blue arrow), Beast Super signal, Red Arrow.
Time
Frame 30 min or higher.
Currency
pairs: all and Commodities.
Metatrader
4 indicators setting:
Star,
3 ZZ semafor (5, 13, 34).
Arrow
red .
Enter
signal indicator (blue arrow).
Arrow
white default setting ( this indicator recalculates slow) If you
don't like this indicator you can replace it with Half Trend
amplitude 2 or with step MA 7.2 length 10 Kv 5, step size 10. I use
Beat super signal to clean the chart but it's the same thing. Arrow
white is the Beast Super Signal.
Price
grid.
STR
Conf (14, 14, 1, 50).
Trading
rules Red Arrow Strategy
Buy
Star
ZZ semafor below the candle.
Buy
Enter signal
Buy
Arrow red.
Buy
Arrow white (or Step MA or Half Trend).
Buy
when all three signals occur.
Initial
stop loss on the previous low swing.
Profit
target with ratio 1: 1.12 stop loss or on grid levels.
Sell
Star
ZZ semafor above the candle.
Sell
Enter signal
Sell
Arrow red.
Sell
Arrow white (or Step MA or Half Trend),
sell
when all three signals occur.
Initial
stop loss on the previous low swing.
Profit
target with ratio 1: 1.12 stop loss or on grid levels.
Installing
Red Arrow Strategy To Your MT4 Charts
What
follows below are the easy steps to install the Red Arrow Strategy to
your MT4 platform. This should only take 5 minutes of your time.
Step
1. Download Red Arrow Strategy and save it on your computer.
Step
2. Extract the Red Arrow Strategyinto a folder
Step
3. Go to the folder you have just extracted
Step
4. Copy Red Arrow Strategy The indicators is usually located at
C:\Program Files\Meta Trader 4\expert\indicators;
Copy
Red Arrow Strategy (003) TPL The indicators is usually located at
C:\Program Files\Meta Trader 4\expert\template
The
indicator is usually located at C:\Program Files\Meta Trader
4\templates You are done with the installation process.
In
the pictures Trend Navigator Indicator MT4.
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