Friday, April 1, 2011

Daily Semafor

* Open a forex account here: http://fxind.com/?agent=255004

* Download MT4 at the same site

* Register here to fund your account using your credit card: https://www.moneybookers.com/app/?rid=17945141

* Setup:

- Download Semafor Indicator here: http://codebase.mql4.com/2696 *credit to the coder
- Download and paste indicator and template to MT4 folder- Time Frame: Daily

* Rules:

- Wait for Semafor
- Match candle with semafor (bear candle = upper semafor, vice versa)
- Open position at the next candle
- SL: last candle high (sell), last candle low (buy)
- TP: reversal signal
- MM: Max 2% per trade


Example:



My thread at forexindo: http://www.forexindo.com/forum/strategi/13058-daily-semafor.html

Happy Trading ;)