A complete trading system made up of only 1 Metatrader 4 indicator. The indicator gives you possible real time buy and sell signals along with possible take profit levels based on pivot points and calculated support/resistance levels.
Chart Setup
Indicators: anchorfxsignals
Preferred time frame(s): 60 minute
Trading sessions: Any
Preferred Currency pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD, USD/CHF, GBP/JPY, EUR/JPY
Download
Download the 60 Min Forex Signals Trading System for Metatrader 4.
USD/JPY Hourly Chart
The chart above shows you a possible buy trade on the US Dollar/Japanese Yen. USD/JPY trades above the Pivot Point + Long Possible signal + Power above 100 suggests BUY trade. Take profit at Resistance 1, Resistance2,…
Trading Rules
Buy Rules:
Price trades above the Pivot level.
Wait for anchorfxsignals indicator “Long Possible” signal to appear (bullish trend)
Power above 100 (strong trend)
Open buy order. Place stop at the previous swing low or according to your own preferences.
Possible Target Levels: Resistance 1, Resistance 2, Resistance 3
Sell Rules:
Price trades below the Pivot level.
Wait for anchorfxsignals indicator “Short Possible” signal to appear (bearish trend)
Power above 100 (strong trend)
Open sell order. Place stop at the previous swing high or according to your own preferences.
Possible Target Levels: Support 1, Support 2, Support 3
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