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Home Trading Systems

Snake and the Wave Mt4 Trading System

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Time Frame 5min or higher (work best 4H yime frame).
Currency pairs:any.

Metatrader Indicators:
Market Price
Price channel Stop,

SHI Silver Trend(to show the top or bottom of price movement),
Snake Borders, (In snakeborders, red color indicate pressure of downtrend, blue color indicates pressure of uptrend, silver indicate neutral),
Snake Force(to show the trend, green indicates uptrend, red indicates downtrend),
Status monitor,
TangaJiwa (to show the top or bottom of price movement),

Buy
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
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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