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Thursday, October 15, 2009

Pbar Swing System


The system developer is Zunit. Here is the system thread in ForexFactory forum.

put this indicator in indicator folder here C:\Program Files\MetaTrader\experts\indicators

Pbar_ Indicator.mq4

Put this tpl file in the "templates folder" here C:\Program Files\MetaTrader\ templates

pbar_Template.tpl


Buy Signal:
1- RSI 2 period goes above the 50 level.
2- ADX 1 period is below the ADX 16 level.

Sell Signal:
1- RSI 2 period penetrate the 50 RSI level.
2- ADX 1 period goes above the 16 ADX level

Stop Lose
- 80 pips or the lowest low of the previous 3 bars.

Target profit
- Exit when the stochastic crosses.

Time frame
- All Time frames

Currency pair
- All pairs ( EUR/CHF Recommended )

any Question about the system i am here to answer

HAve A nICe tRADe

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