Forex Signal Generator

Love Trading Buy/Sell Arrow Signals? Try This!

Here is a tidy signal generator primarily designed for forex. You can go to their site and they have the signal generated on their home page

The site claims “winning days=215 losing days=109 no touched orders days =115″

Performace for the last 3 months:-

June win 15 loss 6 May  win 13 loss 5 April  win 8 loss 7

I have added the rules below but the stops are generated on their site. The only thing that worries me is for today the stop is twice or so the size of the target price. This always means you have a really good strike rate for it to be profitable.

Anyway I have add the generator below to try on some index futures. And will try a few stop ideas specific to them. I will get back to you on my results with it.

How To Trade The Generator

1. FIND DAILY HIGH LOW CLOSE (OHLC) DATA

2. FILL INTO FOREX SIGNAL GENERATOR TO FIND BUY AND SELL AREA

3. READ YESTERDAY CLOSE PRICE vs PIVOT AND FOLLOW THE RULES

a. if CLOSE data between BUY A and BUY B, placed BUY on A

b. if CLOSE data above BUY B placed BUY on B

c.-if CLOSE data between BUY A and SELL A then,
-if price above the PIVOT Placed BUY on A
-if price bellow the PIVOT Placed SELL on A

d. if CLOSE data between SELL A and SELL B, placed SELL on A

e. if CLOSE data bellow SELL B placed SELL on B

4. ENTER THE TRADE AT EACH RESPECTED TRADING TIME

5. ALWAYS PLACED SUGGESTED STOPLOSS, YOU MUST PROTECT YOUR CAPITAL

6. ONCE ORDER PLACED JUST FORGET IT AND LET IT RUN TO TP/SL

7. TRY ON DEMO ACCOUNT OR PRACTICE FIRST BEFORE GOING LIVE TRADING

2 Responses

  1. automated trading software forex says:

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  2. John says:

    How long has Citibank been brokering forex to individual consumers?

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