The Carrefour System
This system is divided into 6 indicators, one of them used twice or three times.
Time Frame : 4 Hours
1. TriangularMA_Centered Bands ( ATR : 2, 3, 4 )
This indicator represent the level of top and the bottom, the using of this indicator three times is to ensure the level support or resistance.
The first level with red color represent stop and minimum order to open.
The Second level with yellow color represent the carefully step to override the order with minimum lot.
The Last level with green means that order can be increased with the safety of margin management.
2. Opening Day Price
This Indicator used when we want to look for day to day prices change. this indicator will make some ladder in the TF H4.
3. Moving Average ( 9 and 120 )
This indicator used to smooth the trend line. the fast one represent by the MA 9 and the MA 120 represent the slow trend line. if this two line are crossing each other, the probability to make a new TREND may occur.
4. Candle Time
This candle time represent each candle time elapsed to go to the new candle form.
5. Zig-Zag ( lenght : 14 )
This indicator make the clear line that crossing up and down. when the upper peak point (^) create it means the trend will going up and so the reverse.
6. D@TM Over Area
This indicator accomplish the system, so the order that open will not against the principle " BUY at LOW and SELL at HIGH"
__That All About the Carrefour__
Happy Trading
Remember : Only the Money Management can make your asset GROW