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Forex High Frequency Trading Signals Indicator

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Specs

Category:

Description

Profitable high frequency signals

Time Range: M15 (only)|| Expiration Time: 5-15 minutes
Platform: MetaTrader4 (MT4)
Asset: Any (especially currency pairs)

 

Note: Even without using any optimization techniques or additional filters, the system has been tested
The system has been tested and found to have an average win rate consistently above 70%. Just make sure you
Have enough patience to wait for the candle to return to its opening price, or
Get an immediate signal that a new candle is forming. Try other expiration times as well.

Forex High Frequency Trading Signals Indicator

Signal Optimization Tips
Do not trade 30min before and after medium-high impact news
If the candle with arrow has a long wick in the direction of the arrow, skip the signal
Avoid trading when candles forming so tiny or too large
If possible, do not trade for 30min from when markets or sessions open
If you can, do not trade CALLs into Resistance levels and PUTs into Support levels
Don’t chase signals. If you cannot get a good entry price level, skip the trade
TRADING SIGNALS

CALL Signal

1. A DeepSkyBlue Up Arrow appears below the previous Candle. The candle with the arrow is touching the Blue MA, nearly touching it or even below the MA
2. The Yellow Moving Average (MA) is above the Blue MA; both are pointing up
3. The current candle has just started forming or has retraced back down to its opening price (or very close to its opening price)
4. Enter a CALL trade to expire at the end of the 15Min candle. This could be x:15, x:30, x:45, or x:00 where x is the current hour. Alternatively, if your Broker allows you to enter the exact expiry time, enter that period in minutes. For instance, if the steps 1 and 2 are valid when the current candle has 7 minutes rem

Forex High Frequency Trading Signals Indicator

PUT Signal

1. A Magenta Down Arrow appears above the previous Candle. The candle with the arrow is touching the Blue MA, nearly touching it or even above the MA
2. The Yellow Moving Average (MA) is below the Blue MA; both are pointing down
3. The current candle has just started forming or has retraced back up to its opening price (or is very close to its opening price)
4. Enter a PUT trade to expire at the end of the 15Min candle. This could be x:15, x:30, x:45, or x:00 where x is the current hour. Alternatively, if your Broker allows you to enter the exact expiry time, enter that period in minutes. For instance, if the steps 1 and 2 are valid when the current candle has 12 minutes remaining (check candle timer), then enter 12 minutes as you expiry time. Experiment with other expiries.

Forex High Frequency Trading Signals Indicator

Feel Free to Add Other Filters
Example: using Bollinger Bands, ensure the candle with the arrow touches or nearly
touches the Lower BB for CALLs or upper BB for PUTs.

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