Snake and Wave | Follow Trend Strategies
Metatrader Indicators :
Magnified Market Price.ex4
SHI_SilverTrendSig.ex4 (to show the top or bottom of price movement)
SnakeBorders.ex4 (In snakeborders, red color indicate pressure of downtrend, blue color indicates pressure of uptrend, silver indicate neutral),
SnakeForce.ex4 (to show the trend, green indicates uptrend, red indicates downtrend)
Status Monitor V1.2.ex4
TanganJiwa.ex4 (to show the top or bottom of price movement)
Mr. Snake and The Wave.tpl
Trading rules :
Prive channel stop blue dot buyl after red chain penetrated by up movement price and show the blue chain below, buy according to the visualization of snake force. Green indicates up trend.
Sell after blue chain penetrated by down movement price and show the red chain above buy according to the visualization of snake force and red indicates downtrend.
Exit position :
1. when appears opposite dot of the prive channel
2. At the Support o resistance levels
3. Profit Target predetermined, depends by time frame and currency, or ratio 1:5 stop loss.
4. Stop loss on the previous swing.
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