Submit by Leon 17/02/2014
Radar Signal trading system is a forex strategy trend following breakout. It's base on the radar signal indicator.
Time Frame 30 min or 60 min .
Currency pairs:EUR/USD, GBP/USD, AUD/USD, USD/CHF/ GPB/JPY, EUR/ JPY, US/NZ, and exotic currency pairs.
Metal:Gold and Silver.
Indicies: S&P 500, Dax, FTSE.
Stochastic histogram ( 14, 3,3,).
Rules for Radar Signal Trading System
Radar signal indicator indicates a pending buy order.
Placed order, if Stochastic histogram is green and the price is above the daily open line.
Radar signal indicator indicates a pending sell order.
Placed order, if Stochastic histogram is red and the price is below the daily open line.
At the profit target indicate by radar signal indicator or fast profit target that depends by currency pairs. Initial stop loss 30-40 pips.
In the pictures Radar Signal trading system in action.