Trendalt system is an trend following forex strategy based on trendalt indicator and the paint bars.
Time frame : 5 min or higher.
Currency pairs : All pairs.
Metatrader indicators :
Trendalt indicator (9),
Trendalt indicaor (14),
Trendalt indicator (19),
ArrzzX2 (price action indicator),
Rules For Entry Buy or Sell :
The buy signal occurs when a canal is opened from the area below the zero line to the area above zero
In other words, when all the three trend lines cross the zero at the same time.
This signal is confirmed by paint bars green color
The sell signal the opposite happens. (This signal is confirmed by paint bars red color)
All orders must be opened after the close of the previous bar (cross) and open again.
You exit the trade when one of the three lines was reversed (crossed zero in the opposite direction).
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