Yeah, that's the good old Hama System Indicator (same is the Hama in the system posted). Can't go wrong with that.
Here is the Indicator with all parameters and it also plots the coloured candles following the break of the line. No need for the separate SD candle Indicator.
On the pic I set it to 27 to run a bit smoother. And the MA to 89 as it serves as some kind of S/R line. We are trading direction, not bits and pieces of price action.
Have fun. One can definitely make pips with that and very relaxed too . As the saying goes.....many roads lead to Rome
Thanks to Som3Nam3 for posting.
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Re: MT4 Trading Systems (Old or new!) Please post here
RplusT, Thu Nov 12, 2020 9:39 pm