This Trading process is according to the rainbow metatrader indicators.
Time Frame 15 min or larger,
Currency pairs:any.
Candle non repaint indicator;
P magic rainbow-v1;
P magic rainbow-v2;
P magic rainbow-v3;
P magic rainbow-v4;
P magic rainbow-v5;
P magic rainbow-v6;
P magic rainbow-v7;
ZZ now not repaint.
Regulations:Magic Rainbow
Purchase
Buy arrow above Yellow line.
P magic rainbow-v2> blue line (Buy Zone).
P magic rainbow-v7 candle >zero.
Do now not trades when there are yellow line and crimson line.
Sell
Promote arrow belw Purple line.
P magic rainbow-v2< blue line (Sell Zone).
P magic rainbow-v7 candle <zero.
Do not trades when there are red line line and blue line.
Exit Situation
at the oppsite arrow or when P magic rainbow is >zero<;
Profit Goal time period 15 min 15-20 pips.
Inside the portraits less thanRainbow Magic Trading System in action. Trading Type Maximo Dealer.
In the pics belowRainbow Magic Trading System in action. Trading Model HigHBahagia
Share your opinion, might help every body to be aware the Buying and selling Manner.
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